WBI Investments LLC Invests $1.95 Million in Union Pacific Corporation $UNP

WBI Investments LLC bought a new stake in Union Pacific Corporation (NYSE:UNP) during the 3rd quarter, HoldingsChannel reports. The fund bought 8,234 shares of the railroad operator’s stock, valued at approximately $1,946,000.

A number of other institutional investors and hedge funds have also made changes to their positions in UNP. Caitlin John LLC purchased a new position in Union Pacific during the third quarter worth about $27,000. Howard Hughes Medical Institute purchased a new stake in Union Pacific in the 2nd quarter valued at approximately $30,000. Financial Gravity Companies Inc. acquired a new position in Union Pacific during the 2nd quarter worth approximately $31,000. Total Investment Management Inc. acquired a new position in Union Pacific during the 2nd quarter worth approximately $31,000. Finally, Sagard Holdings Management Inc. purchased a new position in shares of Union Pacific during the 2nd quarter worth approximately $33,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE UNP opened at $242.15 on Wednesday. The business has a 50 day moving average price of $246.85 and a 200 day moving average price of $234.17. The company has a market capitalization of $143.69 billion, a P/E ratio of 20.23, a PEG ratio of 2.64 and a beta of 0.95. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

Union Pacific (NYSE:UNP) last posted its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.91 earnings per share. Sell-side analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s payout ratio is currently 46.12%.

Analyst Ratings Changes

Several research firms have recently commented on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a report on Thursday, December 11th. Barclays restated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Finally, Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.77.

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.