Wealth Alliance Has $1.21 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Wealth Alliance increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,925 shares of the railroad operator’s stock after buying an additional 112 shares during the period. Wealth Alliance’s holdings in Union Pacific were worth $1,210,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC boosted its position in Union Pacific by 90,390.6% during 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 buying an additional 13,682,419 shares during the period. Morgan Stanley lifted its position in shares of 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 purchasing an additional 883,963 shares during the period. Wellington Management Group LLP lifted its position in shares of 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 purchasing an additional 19,145 shares during the period. Northern Trust Corp lifted its position in shares of 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 purchasing an additional 285,988 shares during the period. Finally, Norges Bank acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $1,276,498,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP stock opened at $231.29 on Wednesday. The firm has a market capitalization of $141.11 billion, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.53 and a beta of 1.07. The firm has a fifty day simple moving average of $246.42 and a two-hundred day simple moving average of $233.58. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.67 EPS. Analysts forecast that Union Pacific Co. will post 11 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is 49.71%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UNP. 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 report on Thursday, March 28th. Jefferies Financial Group began coverage on shares of Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target on the stock. Benchmark boosted 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. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. Finally, TD Cowen lifted their price objective on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $253.48.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.