Kolinsky Wealth Management LLC Raises Position in Union Pacific Co. (NYSE:UNP)

Kolinsky Wealth Management LLC increased its position in Union Pacific Co. (NYSE:UNPFree Report) by 8.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,815 shares of the railroad operator’s stock after buying an additional 215 shares during the period. Union Pacific comprises approximately 0.6% of Kolinsky Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. Kolinsky Wealth Management LLC’s holdings in Union Pacific were worth $691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Epoch Investment Partners Inc. lifted its holdings in shares of Union Pacific by 79.0% in the 4th quarter. Epoch Investment Partners Inc. now owns 631,553 shares of the railroad operator’s stock valued at $155,122,000 after buying an additional 278,687 shares during the period. Pinnbrook Capital Management LP acquired a new position in shares of Union Pacific in the 4th quarter valued at about $12,779,000. Vinva Investment Management Ltd lifted its holdings in shares of Union Pacific by 10.7% in the 4th quarter. Vinva Investment Management Ltd now owns 14,278 shares of the railroad operator’s stock valued at $3,513,000 after buying an additional 1,385 shares during the period. Lokken Investment Group LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at about $829,000. Finally, Morningstar Investment Services LLC lifted its holdings in shares of Union Pacific by 198.4% in the 4th quarter. Morningstar Investment Services LLC now owns 3,435 shares of the railroad operator’s stock valued at $845,000 after buying an additional 2,284 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock traded down $0.34 during trading hours on Friday, reaching $227.97. The company had a trading volume of 2,555,622 shares, compared to its average volume of 2,235,612. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The stock has a fifty day moving average of $237.04 and a 200-day moving average of $240.49. The company has a market capitalization of $139.09 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 1.86 and a beta of 1.05. Union Pacific Co. has a 12-month low of $194.60 and a 12-month high of $258.66.

Union Pacific (NYSE:UNPGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the prior year, the firm posted $2.67 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. On average, equities analysts anticipate that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Analyst Ratings Changes

Several brokerages have recently issued reports on UNP. Stifel Nicolaus raised Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the company from $248.00 to $267.00 in a report on Friday, May 3rd. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Jefferies Financial Group started coverage on Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Evercore ISI lifted their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Wells Fargo & Company started coverage on Union Pacific in a research note on Friday. They issued an “overweight” rating and a $270.00 price target for the company. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.70.

View Our Latest Analysis on UNP

Union Pacific Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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