933 Shares in Union Pacific Co. (NYSE:UNP) Bought by Accel Wealth Management

Accel Wealth Management purchased a new position in Union Pacific Co. (NYSE:UNP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 933 shares of the railroad operator’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Union Pacific in the third quarter worth $252,000. Legacy Advisors LLC lifted its holdings in shares of Union Pacific by 12.7% during the third quarter. Legacy Advisors LLC now owns 1,938 shares of the railroad operator’s stock valued at $395,000 after purchasing an additional 219 shares in the last quarter. KPP Advisory Services LLC bought a new position in shares of Union Pacific during the third quarter valued at $288,000. Kingdon Capital Management L.L.C. bought a new position in shares of Union Pacific during the third quarter valued at $11,006,000. Finally, JT Stratford LLC lifted its holdings in shares of Union Pacific by 2.6% during the third quarter. JT Stratford LLC now owns 2,677 shares of the railroad operator’s stock valued at $545,000 after purchasing an additional 67 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on UNP. TD Cowen increased their target price on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Benchmark upped their price target on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Morgan Stanley upped their price target on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Jefferies Financial Group assumed coverage on Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Finally, Susquehanna cut their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Tuesday, June 25th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $258.92.

Union Pacific Price Performance

NYSE:UNP opened at $225.57 on Friday. The firm has a market capitalization of $137.62 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.92 and a beta of 1.06. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The business has a 50 day simple moving average of $232.41 and a 200-day simple moving average of $239.88. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same period last year, the company earned $2.67 EPS. Equities analysts forecast that Union Pacific Co. will post 11.22 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend was Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

About Union Pacific

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.