Aprio Wealth Management LLC Buys Shares of 821 Union Pacific Co. (NYSE:UNP)

Aprio Wealth Management LLC bought a new stake in Union Pacific Co. (NYSE:UNP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 821 shares of the railroad operator’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A acquired a new position in shares of Union Pacific during the fourth quarter worth about $25,000. Raleigh Capital Management Inc. boosted its position in shares of Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares during the period. Valued Wealth Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $28,000. Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $29,000. Finally, Transcendent Capital Group LLC bought a new stake in Union Pacific during the fourth quarter worth about $34,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on UNP shares. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and dropped their target price for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Evercore ISI upped their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Wells Fargo & Company started coverage on Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 target price on the stock. Morgan Stanley upped their target price on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, TD Cowen upped their target price on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Eight investment 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. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.75.

Union Pacific Price Performance

Shares of NYSE UNP opened at $226.11 on Friday. The firm has a market cap of $137.95 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 1.83 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 1-year low of $199.06 and a 1-year high of $258.66. The business’s 50 day moving average is $233.96 and its 200-day moving average is $240.54.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the company earned $2.67 earnings per share. Equities research analysts predict that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio is currently 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.