Axxcess Wealth Management LLC Purchases 5,558 Shares of Union Pacific Co. (NYSE:UNP)

Axxcess Wealth Management LLC increased its position in shares of Union Pacific Co. (NYSE:UNP) by 52.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,098 shares of the railroad operator’s stock after purchasing an additional 5,558 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Union Pacific were worth $3,954,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Desjardins Global Asset Management Inc. increased its stake in shares of Union Pacific by 1.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares during the period. Twin Capital Management Inc. increased its position in Union Pacific by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after purchasing an additional 41 shares during the period. Sunburst Financial Group LLC grew its position in shares of Union Pacific by 1.8% during the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock worth $588,000 after buying an additional 42 shares during the period. Mission Wealth Management LP grew its position in shares of Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock worth $1,925,000 after buying an additional 42 shares during the period. Finally, Sunflower Bank N.A. grew its position in shares of Union Pacific by 0.8% during the 4th quarter. Sunflower Bank N.A. now owns 5,573 shares of the railroad operator’s stock worth $1,369,000 after buying an additional 43 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the company’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 transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific Trading Up 1.1 %

Shares of UNP stock traded up $2.67 on Friday, reaching $240.36. 2,174,714 shares of the company’s stock were exchanged, compared to its average volume of 2,177,795. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $146.65 billion, a PE ratio of 22.94, a P/E/G ratio of 2.52 and a beta of 1.06. The company’s fifty day simple moving average is $242.95 and its 200 day simple moving average is $235.98.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the company earned $2.67 EPS. As a group, analysts forecast that Union Pacific Co. will post 11.21 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is 49.62%.

Analyst Ratings Changes

Several brokerages have recently commented on UNP. BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Jefferies Financial Group started coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Morgan Stanley lifted their target price on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, April 26th. Finally, Susquehanna lifted their target price on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research note on Friday, April 26th. 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.61.

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.