PUREfi Wealth LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

PUREfi Wealth LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,647 shares of the railroad operator's stock, valued at approximately $604,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UNP. State Street Corp grew its position in Union Pacific by 0.9% in the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after purchasing an additional 217,780 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock valued at $3,146,451,000 after acquiring an additional 182,620 shares during the period. Franklin Resources Inc. lifted its stake in Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the last quarter. Fisher Asset Management LLC increased its position in Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock worth $1,549,271,000 after buying an additional 143,896 shares during the last quarter. Finally, FMR LLC raised its stake in Union Pacific by 0.6% in the 3rd quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock valued at $1,237,356,000 after acquiring an additional 31,899 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and cut their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. TD Cowen increased their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Friday, January 24th. BMO Capital Markets raised their target price on Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Finally, Benchmark upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $261.40.

Insider Transactions at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the sale, the executive vice president now directly owns 26,319 shares in the company, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Elizabeth F. Whited sold 7,500 shares of the business's stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now owns 64,960 shares in the company, valued at approximately $16,240,000. This represents a 10.35 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company's stock.

Union Pacific Trading Down 1.7 %

Shares of UNP stock traded down $4.15 on Wednesday, hitting $247.02. 2,488,471 shares of the company's stock traded hands, compared to its average volume of 2,721,523. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock has a market capitalization of $149.27 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.16 and a beta of 1.06. The company's fifty day simple moving average is $236.93 and its 200 day simple moving average is $240.52. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the company earned $2.71 EPS. Equities analysts forecast that Union Pacific Co. will post 12.01 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. Union Pacific's dividend payout ratio (DPR) is presently 48.33%.

Union Pacific 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.