Aviso Wealth Management Buys 219 Shares of Union Pacific Co. (NYSE:UNP)

Aviso Wealth Management grew its stake in Union Pacific Co. (NYSE:UNP) by 17.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,499 shares of the railroad operator’s stock after purchasing an additional 219 shares during the period. Aviso Wealth Management’s holdings in Union Pacific were worth $339,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OLD Point Trust & Financial Services N A purchased a new stake in Union Pacific in the 4th quarter worth about $25,000. Richardson Capital Management LLC purchased a new position in shares of Union Pacific during the first quarter valued at approximately $26,000. Raleigh Capital Management Inc. boosted its position in shares of Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares during the period. Cultivar Capital Inc. purchased a new position in shares of Union Pacific during the second quarter valued at approximately $27,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of several recent analyst reports. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Monday, September 23rd. BMO Capital Markets lowered their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Wells Fargo & Company started coverage on Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.11.

Union Pacific Stock Performance

Shares of UNP opened at $244.22 on Friday. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The stock has a fifty day moving average price of $245.80 and a 200-day moving average price of $238.89. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a market cap of $148.78 billion, a PE ratio of 23.30, a P/E/G ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the business posted $2.57 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is currently 51.15%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.28% of the company’s stock.

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.