Union Pacific Co. (NYSE:UNP) Shares Acquired by Sound Income Strategies LLC

Sound Income Strategies LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 16.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 503 shares of the railroad operator’s stock after purchasing an additional 72 shares during the quarter. Sound Income Strategies LLC’s holdings in Union Pacific were worth $115,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific in the second quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific in the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. boosted its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Peterson Financial Group Inc. acquired a new stake in Union Pacific in the third quarter valued at approximately $32,000. Finally, Dunhill Financial LLC increased its position in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.4 %

UNP opened at $248.94 on Friday. The stock has a market capitalization of $150.92 billion, a PE ratio of 22.86, a P/E/G ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The business’s 50 day moving average price is $234.05 and its 200 day moving average price is $239.40.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter in the previous year, the firm posted $2.71 earnings per share. As a group, equities research analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. Raymond James reissued a “strong-buy” rating and issued a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday. Citigroup boosted their target price on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday. Robert W. Baird raised their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday. Sanford C. Bernstein cut their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $262.57.

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.