Wealth Enhancement Advisory Services LLC Raises Position in Union Pacific Co. (NYSE:UNP)

Wealth Enhancement Advisory Services LLC grew its position in Union Pacific Co. (NYSE:UNP) by 2.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 115,384 shares of the railroad operator’s stock after buying an additional 2,929 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Union Pacific were worth $28,376,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. OLD Point Trust & Financial Services N A bought a new stake in Union Pacific during the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. grew its position in Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares during the period. Valued Wealth Advisors LLC bought a new stake in Union Pacific during the fourth quarter valued at approximately $28,000. Scarborough Advisors LLC bought a new stake in Union Pacific during the fourth quarter valued at approximately $29,000. Finally, Transcendent Capital Group LLC bought a new stake in Union Pacific during the fourth quarter valued at approximately $34,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price target on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. The Goldman Sachs Group upped their price target on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Raymond James reiterated a “strong-buy” rating and issued a $280.00 price target (up from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Finally, Evercore ISI raised their target price on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.92.

Union Pacific Trading Down 0.1 %

Shares of Union Pacific stock traded down $0.14 during trading on Thursday, hitting $223.47. The stock had a trading volume of 1,815,024 shares, compared to its average volume of 2,305,673. The firm’s fifty day simple moving average is $233.55 and its 200-day simple moving average is $240.40. The stock has a market cap of $136.34 billion, a PE ratio of 21.45, a PEG ratio of 1.82 and a beta of 1.05. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the business earned $2.67 EPS. As a group, sell-side analysts expect that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.33%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

About Union Pacific

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.