866 Shares in Union Pacific Co. (NYSE:UNP) Bought by Overbrook Management Corp

Overbrook Management Corp bought a new position in shares of Union Pacific Co. (NYSE:UNP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 866 shares of the railroad operator’s stock, valued at approximately $213,000.

Several other large investors have also bought and sold shares of the stock. BluePath Capital Management LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new stake in Union Pacific during the 4th quarter worth about $28,000. Fortitude Family Office LLC acquired a new stake in Union Pacific during the 4th quarter worth about $44,000. Hexagon Capital Partners LLC grew its holdings in Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after acquiring an additional 101 shares during the period. Finally, Legacy Financial Group LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $83,000. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on UNP shares. 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 target price for the company. Morgan Stanley raised their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday. Benchmark raised their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Evercore ISI raised their target price on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price for the company in a research note on Monday, January 22nd. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.78.

Union Pacific Price Performance

Union Pacific stock opened at $242.84 on Friday. Union Pacific Co. has a 52 week low of $190.45 and a 52 week high of $258.66. The company’s 50 day moving average price is $244.27 and its two-hundred day moving average price is $234.95. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The stock has a market cap of $148.16 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.67 EPS. On average, equities analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

About Union Pacific

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.