Michael Brady & Co. LLC Purchases New Shares in Union Pacific Corporation $UNP

Michael Brady & Co. LLC purchased a new stake in Union Pacific Corporation (NYSE:UNP) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,380 shares of the railroad operator’s stock, valued at approximately $551,000. Union Pacific comprises about 0.5% of Michael Brady & Co. LLC’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitlin John LLC purchased a new stake in Union Pacific in the 3rd quarter valued at $27,000. Saranac Partners Ltd purchased a new stake in Union Pacific in the 3rd quarter valued at $27,000. Stephens Consulting LLC raised its position in Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Beacon Financial Strategies CORP purchased a new stake in Union Pacific in the 4th quarter valued at $33,000. Finally, Paladin Advisory Group LLC purchased a new stake in Union Pacific in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP opened at $251.99 on Tuesday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market capitalization of $149.53 billion, a P/E ratio of 21.05, a P/E/G ratio of 2.78 and a beta of 0.96. The company’s fifty day moving average is $251.86 and its two-hundred day moving average is $237.65. Union Pacific Corporation has a 1 year low of $206.63 and a 1 year high of $268.14.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.91 earnings per share. On average, sell-side analysts predict that Union Pacific Corporation will post 12.42 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were paid a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.2%. Union Pacific’s dividend payout ratio is 46.12%.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 1,999 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $234.93, for a total transaction of $469,625.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.22% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on UNP. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 price target on shares of Union Pacific in a research report on Thursday, February 19th. Citigroup upped their price target on shares of Union Pacific from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Robert W. Baird set a $311.00 price target on shares of Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. Finally, Benchmark reiterated a “buy” rating and issued a $275.00 price target (up from $260.00) on shares of Union Pacific in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $267.48.

About Union Pacific

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.