Union Pacific Corporation $UNP Shares Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC grew its stake in Union Pacific Corporation (NYSE:UNP) by 2,557.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,145 shares of the railroad operator’s stock after purchasing an additional 3,989 shares during the period. New Age Alpha Advisors LLC’s holdings in Union Pacific were worth $959,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UNP. Rachor Investment Advisory Services LLC acquired a new position in Union Pacific during the fourth quarter worth $25,000. Tucker Asset Management LLC acquired a new position in Union Pacific during the fourth quarter worth $25,000. High Point Wealth Management LLC acquired a new position in Union Pacific during the fourth quarter worth $26,000. Caitlin John LLC acquired a new position in Union Pacific during the third quarter worth $27,000. Finally, Saranac Partners Ltd acquired a new position in Union Pacific during the third quarter worth $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 3.1%

UNP opened at $279.41 on Thursday. The business’s fifty day moving average is $255.55 and its two-hundred day moving average is $245.12. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The company has a market cap of $165.89 billion, a price-to-earnings ratio of 23.02, a PEG ratio of 2.88 and a beta of 0.99. Union Pacific Corporation has a one year low of $210.84 and a one year high of $279.70.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The company had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.Union Pacific’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.70 earnings per share. Analysts anticipate that Union Pacific Corporation will post 12.53 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on UNP shares. UBS Group reaffirmed a “neutral” rating and set a $274.00 price objective (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Benchmark upped their price objective on Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $300.00 price objective (up from $260.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Raymond James Financial set a $310.00 price objective on Union Pacific in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $280.47.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the business’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the sale, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Eric J. Gehringer sold 1,999 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.93, for a total value of $469,625.07. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 31,386 shares of company stock worth $8,461,716. 0.22% of the stock is owned by corporate insiders.

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.