Aprio Wealth Management LLC Has $237,000 Stake in Union Pacific Co. (NYSE:UNP)

Aprio Wealth Management LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 963 shares of the railroad operator’s stock after purchasing an additional 74 shares during the period. Aprio Wealth Management LLC’s holdings in Union Pacific were worth $237,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of UNP. Personal CFO Solutions LLC raised its position in Union Pacific by 15.6% during the 4th quarter. Personal CFO Solutions LLC now owns 1,627 shares of the railroad operator’s stock worth $400,000 after purchasing an additional 220 shares during the last quarter. Unigestion Holding SA raised its position in Union Pacific by 370.8% during the 4th quarter. Unigestion Holding SA now owns 9,045 shares of the railroad operator’s stock worth $2,222,000 after purchasing an additional 7,124 shares during the last quarter. MGO One Seven LLC raised its position in Union Pacific by 5.0% during the 4th quarter. MGO One Seven LLC now owns 12,459 shares of the railroad operator’s stock worth $3,060,000 after purchasing an additional 588 shares during the last quarter. Icon Wealth Advisors LLC bought a new position in Union Pacific during the 4th quarter worth $675,000. Finally, Ethic Inc. raised its position in shares of Union Pacific by 26.8% in the 4th quarter. Ethic Inc. now owns 25,474 shares of the railroad operator’s stock worth $6,257,000 after acquiring an additional 5,379 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

UNP stock opened at $237.56 on Wednesday. The company has a market capitalization of $144.72 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The business has a 50-day simple moving average of $246.08 and a two-hundred day simple moving average of $238.68.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the previous year, the business earned $2.57 EPS. The company’s revenue was up .7% compared to the same quarter last year. Research analysts expect that Union Pacific Co. will post 11.1 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date was Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is presently 51.15%.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Royal Bank of Canada lifted their price objective on Union Pacific from $275.00 to $288.00 and gave the stock an “outperform” rating in a research report on Monday, September 30th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Stifel Nicolaus lowered their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $259.32.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.28% of the company’s stock.

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.