Tulsa Wealth Advisors INC Makes New $3.81 Million Investment in Union Pacific Corporation $UNP

Tulsa Wealth Advisors INC acquired a new position in Union Pacific Corporation (NYSE:UNP) in the fourth quarter, HoldingsChannel reports. The fund acquired 16,491 shares of the railroad operator’s stock, valued at approximately $3,815,000. Union Pacific comprises 1.3% of Tulsa Wealth Advisors INC’s investment portfolio, making the stock its 24th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rosenblum Silverman Sutton S F Inc. CA lifted its position in shares of Union Pacific by 3.7% in the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 1,221 shares of the railroad operator’s stock worth $282,000 after purchasing an additional 43 shares during the period. Stephens Consulting LLC increased its holdings in Union Pacific by 48.4% during the fourth quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after buying an additional 44 shares during the period. Macroview Investment Management LLC increased its holdings in Union Pacific by 3.4% during the fourth quarter. Macroview Investment Management LLC now owns 1,349 shares of the railroad operator’s stock valued at $312,000 after buying an additional 44 shares during the period. Claro Advisors Inc. raised its stake in Union Pacific by 3.7% in the fourth quarter. Claro Advisors Inc. now owns 1,220 shares of the railroad operator’s stock worth $282,000 after buying an additional 44 shares in the last quarter. Finally, Prestige Wealth Management Group LLC raised its stake in Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on UNP. Sanford C. Bernstein increased their target price on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Evercore reissued an “outperform” rating and issued a $277.00 price target on shares of Union Pacific in a research report on Friday, April 24th. Susquehanna restated a “positive” rating and set a $305.00 price objective on shares of Union Pacific in a research note on Friday, June 5th. Wells Fargo & Company restated an “overweight” rating and set a $300.00 price objective (up from $260.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Barclays reaffirmed an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $282.21.

Union Pacific Trading Up 0.2%

NYSE:UNP opened at $257.46 on Friday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $279.70. The firm has a 50 day moving average of $263.79 and a 200 day moving average of $249.80. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53. The stock has a market capitalization of $152.86 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 2.72 and a beta of 0.97.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.86 by $0.07. The business had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.70 earnings per share. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be given a $1.38 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is presently 45.47%.

Insider Buying and Selling

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the transaction, the executive vice president directly owned 61,102 shares in the company, valued at $16,605,079.52. The trade was a 30.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the transaction, the chief financial officer directly owned 114,642 shares in the company, valued at $31,492,157.40. This represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 32,378 shares of company stock worth $8,781,595 in the last ninety days. 0.22% of the stock is owned by insiders.

Union Pacific Company 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.