MJP Associates Inc. ADV Takes $335,000 Position in Union Pacific Co. (NYSE:UNP)

MJP Associates Inc. ADV bought a new stake in Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,362 shares of the railroad operator’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BluePath Capital Management LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at approximately $28,000. Coppell Advisory Solutions Corp. acquired a new stake in Union Pacific during the 4th quarter worth $32,000. Tyler Stone Wealth Management purchased a new position in Union Pacific in the 2nd quarter worth approximately $33,000. Finally, IMA Wealth Inc. acquired a new position in shares of Union Pacific during the 2nd quarter valued at about $37,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.5 %

UNP traded up $1.30 on Thursday, reaching $245.93. The company’s stock had a trading volume of 2,262,038 shares, compared to its average volume of 2,350,556. The stock has a market cap of $149.96 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. Union Pacific Co. has a 1 year low of $190.37 and a 1 year high of $258.66. The business’s 50 day moving average is $247.65 and its 200 day moving average is $230.50.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion during the quarter, compared to the consensus estimate 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 was down .3% on a year-over-year basis. During the same period in the prior year, the business earned $2.67 EPS. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Thursday, February 29th will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is presently 49.71%.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. TD Cowen boosted their price target on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Susquehanna boosted their price target on shares of Union Pacific from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday. Raymond James lifted their target price on Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a report on Tuesday, January 16th. BMO Capital Markets lifted their price objective on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Finally, UBS Group lifted their price target on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Seven analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $251.33.

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.