Tyche Wealth Partners LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

Tyche Wealth Partners LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,176 shares of the railroad operator’s stock, valued at approximately $2,254,000.

Several other institutional investors also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC boosted its position in shares of Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock worth $2,836,353,000 after purchasing an additional 13,682,419 shares in the last quarter. Morgan Stanley boosted its position in shares of Union Pacific by 10.9% in the 4th quarter. Morgan Stanley now owns 8,983,932 shares of the railroad operator’s stock worth $1,860,303,000 after purchasing an additional 883,963 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares in the last quarter. Northern Trust Corp boosted its position in shares of Union Pacific by 4.4% in the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after purchasing an additional 285,988 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Union Pacific in the 4th quarter worth $1,276,498,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on UNP shares. Royal Bank of Canada lowered their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, January 26th. Stifel Nicolaus lifted their price target on Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a research report on Friday. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. JPMorgan Chase & Co. lifted their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, Raymond James lifted their price target on Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, January 16th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $253.48.

Union Pacific Trading Down 1.1 %

NYSE:UNP traded down $2.65 during trading hours on Tuesday, reaching $231.29. 2,025,414 shares of the stock were exchanged, compared to its average volume of 2,317,513. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The business has a 50-day moving average of $246.79 and a two-hundred day moving average of $233.39. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11. The company has a market capitalization of $141.11 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 2.54 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the company earned $2.67 earnings per share. The company’s revenue was down .3% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 11 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.26% of the company’s stock.

Union Pacific Profile

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.