939 Shares in Union Pacific Co. (NYSE:UNP) Purchased by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNPFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 939 shares of the railroad operator’s stock, valued at approximately $231,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC increased its stake in Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock worth $2,836,353,000 after acquiring an additional 13,682,419 shares during the last quarter. Morgan Stanley increased its stake in Union Pacific by 10.9% in the 4th quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator’s stock worth $1,860,303,000 after acquiring an additional 883,963 shares during the last quarter. Wellington Management Group LLP increased its stake in Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after acquiring an additional 19,145 shares during the last quarter. Northern Trust Corp increased its stake in Union Pacific by 4.4% in the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after acquiring an additional 285,988 shares during the last quarter. Finally, Norges Bank bought a new position in Union Pacific in the 4th quarter worth about $1,276,498,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Benchmark reiterated a “buy” rating and set a $260.00 price objective on shares of Union Pacific in a research report on Friday, January 26th. UBS Group increased their price objective on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research report on Friday, January 26th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Susquehanna increased their price objective on Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research report on Thursday, March 28th. Finally, JPMorgan Chase & Co. reduced their price objective on Union Pacific from $239.00 to $237.00 and set a “neutral” rating on the stock in a research report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $251.33.

Get Our Latest Report on UNP

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.30% of the stock is owned by corporate insiders.

Union Pacific Stock Down 0.3 %

Shares of UNP traded down $0.69 on Tuesday, reaching $242.61. The stock had a trading volume of 2,019,446 shares, compared to its average volume of 2,361,007. The firm has a market capitalization of $148.02 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 2.67 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81. The company has a 50-day simple moving average of $247.95 and a 200-day simple moving average of $231.29. Union Pacific Co. has a 12-month low of $190.37 and a 12-month high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last released its earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.15. The company had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the business posted $2.67 EPS. Sell-side analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

About Union Pacific

(Free Report)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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