Geneos Wealth Management Inc. Has $1.39 Million Stock Position in Union Pacific Corporation $UNP

Geneos Wealth Management Inc. lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 32.6% during the third quarter, HoldingsChannel reports. The firm owned 5,876 shares of the railroad operator’s stock after selling 2,836 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Union Pacific were worth $1,389,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Pines Wealth Management LLC lifted its stake in Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after acquiring an additional 43 shares during the last quarter. Five Oceans Advisors raised its holdings in shares of Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares during the period. Howard Capital Management Group LLC raised its holdings in shares of Union Pacific by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after purchasing an additional 45 shares during the period. St. Johns Investment Management Company LLC lifted its stake in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after purchasing an additional 46 shares during the last quarter. Finally, Hanson & Doremus Investment Management grew its holdings in Union Pacific by 2.5% during the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 2.4%

Shares of Union Pacific stock opened at $229.83 on Friday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a 50-day moving average of $229.61 and a 200-day moving average of $227.20. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The stock has a market cap of $136.33 billion, a PE ratio of 19.53, a PEG ratio of 2.43 and a beta of 0.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $2.75 earnings per share. As a group, sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s payout ratio is presently 46.90%.

Wall Street Analyst Weigh In

Several research firms have issued reports on UNP. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. Susquehanna reaffirmed a “positive” rating and set a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Citigroup set a $264.00 price objective on shares of Union Pacific and gave the company a “buy” rating in a research report on Thursday. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.46.

Union Pacific Company 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.