Apollon Wealth Management LLC Acquires 12,249 Shares of Union Pacific Co. (NYSE:UNP)

Apollon Wealth Management LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 44.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,747 shares of the railroad operator’s stock after buying an additional 12,249 shares during the quarter. Apollon Wealth Management LLC’s holdings in Union Pacific were worth $9,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BluePath Capital Management LLC bought a new stake in shares of Union Pacific in the 3rd quarter worth about $25,000. Valued Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $28,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of Union Pacific in the 4th quarter worth about $36,000. Fortitude Family Office LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $44,000. Finally, AJOVista LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $100,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on UNP shares. TD Cowen upped their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Evercore ISI upped their price target on shares of Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target on the stock in a research report on Monday, January 22nd. UBS Group upped their price target on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research report on Friday, January 26th. Finally, Benchmark upped their price target on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Six research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $259.61.

Union Pacific Stock Performance

Union Pacific stock traded up $3.26 during mid-day trading on Tuesday, hitting $242.47. 1,585,332 shares of the company’s stock traded hands, compared to its average volume of 2,293,755. Union Pacific Co. has a fifty-two week low of $190.71 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The stock has a market cap of $147.94 billion, a price-to-earnings ratio of 22.83, a P/E/G ratio of 2.55 and a beta of 1.06. The firm has a 50 day simple moving average of $242.69 and a two-hundred day simple moving average of $236.57.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter last year, the business earned $2.67 earnings per share. Union Pacific’s revenue was down .4% on a year-over-year basis. On average, research analysts expect that Union Pacific Co. will post 11.21 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s dividend payout ratio is presently 49.62%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.26% of the company’s stock.

Union Pacific Company Profile

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.