Nicola Wealth Management LTD. Has $26.47 Million Position in Union Pacific Corporation $UNP

Nicola Wealth Management LTD. increased its holdings in Union Pacific Corporation (NYSE:UNP) by 18.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,000 shares of the railroad operator’s stock after acquiring an additional 17,800 shares during the period. Union Pacific comprises about 2.4% of Nicola Wealth Management LTD.’s holdings, making the stock its 10th largest holding. Nicola Wealth Management LTD.’s holdings in Union Pacific were worth $26,473,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of UNP. National Wealth Management Group LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at about $362,000. Vanguard Personalized Indexing Management LLC grew its position in Union Pacific by 4.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 77,198 shares of the railroad operator’s stock valued at $18,251,000 after purchasing an additional 3,196 shares in the last quarter. Tufton Capital Management increased its stake in Union Pacific by 37.6% in the 3rd quarter. Tufton Capital Management now owns 2,745 shares of the railroad operator’s stock valued at $648,000 after buying an additional 750 shares during the period. Avantax Planning Partners Inc. lifted its position in Union Pacific by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 5,119 shares of the railroad operator’s stock worth $1,210,000 after buying an additional 148 shares in the last quarter. Finally, OneAscent Family Office LLC boosted its stake in shares of Union Pacific by 14.4% during the 3rd quarter. OneAscent Family Office LLC now owns 1,146 shares of the railroad operator’s stock valued at $271,000 after buying an additional 144 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on UNP shares. TD Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Citigroup set a $264.00 price target on Union Pacific and gave the company a “buy” rating in a research note on Thursday, January 8th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, JPMorgan Chase & Co. increased their target price on Union Pacific from $267.00 to $270.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $258.18.

Union Pacific Trading Up 0.6%

Union Pacific stock opened at $231.12 on Tuesday. The company has a market cap of $137.09 billion, a price-to-earnings ratio of 19.64, a P/E/G ratio of 2.65 and a beta of 0.99. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The firm has a 50-day moving average of $231.42 and a 200-day moving average of $226.76. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s payout ratio is currently 46.90%.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.