Financial Solutions Advisory Group Inc. Takes $3.19 Million Position in Union Pacific Corporation $UNP

Financial Solutions Advisory Group Inc. bought a new stake in Union Pacific Corporation (NYSE:UNP) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,133 shares of the railroad operator’s stock, valued at approximately $3,186,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Key Financial Inc lifted its stake in Union Pacific by 2.1% in the first quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock valued at $442,000 after buying an additional 38 shares during the last quarter. Members Trust Co grew its position in shares of Union Pacific by 2.5% during the first quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock worth $382,000 after acquiring an additional 38 shares during the last quarter. EJMK Ventures LLC grew its position in shares of Union Pacific by 4.0% during the first quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator’s stock worth $247,000 after acquiring an additional 39 shares during the last quarter. Rehmann Capital Advisory Group increased its holdings in shares of Union Pacific by 0.6% in the 4th quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock valued at $1,535,000 after acquiring an additional 42 shares during the period. Finally, Fairvoy Private Wealth LLC increased its holdings in shares of Union Pacific by 3.8% in the 1st quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator’s stock valued at $280,000 after acquiring an additional 42 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $291.83 on Friday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. The stock has a fifty day moving average price of $277.60 and a 200 day moving average price of $260.55. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $315.99. The company has a market cap of $173.37 billion, a PE ratio of 23.63, a P/E/G ratio of 2.99 and a beta of 0.96.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. Union Pacific’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $3.03 EPS. Sell-side analysts forecast that Union Pacific Corporation will post 12.9 EPS for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be paid a $1.42 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. This represents a $5.68 annualized dividend and a dividend yield of 1.9%. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. Benchmark upped their price target on shares of Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 24th. TD Cowen reissued a “buy” rating and set a $325.00 price objective (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Stephens raised shares of Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Citigroup increased their target price on shares of Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $320.89.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.22% of the stock is currently owned by insiders.

Union Pacific Profile

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.