2,814 Shares in Union Pacific Corporation $UNP Bought by CFO4Life Group LLC

CFO4Life Group LLC bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,814 shares of the railroad operator’s stock, valued at approximately $766,000.

Other hedge funds have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. Tucker Asset Management LLC bought a new position in Union Pacific during the fourth quarter valued at about $25,000. SWAN Capital LLC increased its stake in Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 103 shares during the period. High Point Wealth Management LLC bought a new position in Union Pacific during the fourth quarter valued at about $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in Union Pacific in the 4th quarter valued at approximately $27,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 1.3%

Shares of UNP opened at $307.97 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The company has a 50-day moving average price of $286.30 and a two-hundred day moving average price of $267.60. The stock has a market cap of $182.96 billion, a price-to-earnings ratio of 24.94, a P/E/G ratio of 3.14 and a beta of 0.96. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $315.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating the consensus estimate of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. During the same period in the prior year, the company posted $3.03 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. Equities analysts predict that Union Pacific Corporation will post 12.93 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a $1.42 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 annualized dividend and a yield of 1.8%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s payout ratio is presently 44.70%.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

A number of brokerages have commented on UNP. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Barclays restated an “overweight” rating and set a $350.00 price objective (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Wells Fargo & Company restated an “overweight” rating and issued a $335.00 target price (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. JPMorgan Chase & Co. raised their target price on Union Pacific from $304.00 to $334.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Citizens Jmp started coverage on shares of Union Pacific in a research note on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.

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.