CM Wealth Advisors LLC Purchases Shares of 1,810 Union Pacific Corporation $UNP

CM Wealth Advisors LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,810 shares of the railroad operator’s stock, valued at approximately $492,000.

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

Insider Activity

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the business’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. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. TD Cowen reiterated a “buy” rating and set a $325.00 price target (up from $282.00) on shares of Union Pacific in a report on Friday, July 24th. Royal Bank Of Canada restated an “outperform” rating and set a $339.00 price objective (up from $289.00) on shares of Union Pacific in a research note on Friday, July 24th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $335.00 price objective (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Citigroup upped their target price on shares of Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, UBS Group reissued a “neutral” rating and set a $310.00 price target (up from $286.00) on shares of Union Pacific in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.

Union Pacific Stock Performance

NYSE UNP opened at $304.34 on Friday. The company has a market capitalization of $180.80 billion, a PE ratio of 24.64, a price-to-earnings-growth ratio of 3.08 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99. The company has a 50-day simple moving average of $285.59 and a 200 day simple moving average of $267.31.

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

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a $1.42 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Union Pacific 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.