WCG Wealth Advisors LLC Invests $2.74 Million in Union Pacific Corporation $UNP

WCG Wealth Advisors LLC purchased a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,849 shares of the railroad operator’s stock, valued at approximately $2,741,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Rachor Investment Advisory Services LLC purchased a new position in Union Pacific in the 4th quarter valued at about $25,000. Tucker Asset Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $25,000. High Point Wealth Management LLC acquired a new position in shares of Union Pacific in the fourth quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of Union Pacific in the third quarter worth about $27,000. Finally, Saranac Partners Ltd purchased a new position in Union Pacific in the third quarter valued at about $27,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Activity

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,377 shares of company stock worth $9,251,221 in the last 90 days. Company insiders own 0.22% of the company’s stock.

Union Pacific Stock Up 0.5%

NYSE UNP opened at $263.54 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. The company has a market capitalization of $156.47 billion, a P/E ratio of 21.71, a PEG ratio of 2.78 and a beta of 0.97. The company’s 50 day simple moving average is $258.71 and its 200 day simple moving average is $246.85. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the business posted $2.70 EPS. Union Pacific’s revenue was up 3.2% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 29th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s payout ratio is presently 45.47%.

Analyst Ratings Changes

Several research firms have issued reports on UNP. Benchmark lifted their price objective on Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, April 24th. UBS Group reiterated a “neutral” rating and set a $274.00 target price (up from $253.00) on shares of Union Pacific in a research note on Friday, April 24th. Wells Fargo & Company reissued an “overweight” rating and set a $300.00 price target (up from $260.00) on shares of Union Pacific in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $280.47.

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.