Copperwynd Financial LLC Buys 275 Shares of Union Pacific Co. (NYSE:UNP)

Copperwynd Financial LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP) by 8.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,388 shares of the railroad operator’s stock after acquiring an additional 275 shares during the period. Copperwynd Financial LLC’s holdings in Union Pacific were worth $836,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of UNP. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the 4th quarter valued at $25,000. Richardson Capital Management LLC bought a new position in Union Pacific during the 1st quarter valued at about $26,000. Raleigh Capital Management Inc. boosted its position in Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares in the last quarter. Cultivar Capital Inc. bought a new stake in Union Pacific during the second quarter worth about $27,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.4 %

NYSE UNP opened at $244.22 on Friday. The company has a market capitalization of $148.78 billion, a PE ratio of 23.30, a P/E/G ratio of 2.26 and a beta of 1.05. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The stock has a 50-day simple moving average of $245.80 and a 200 day simple moving average of $238.89. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the prior year, the company earned $2.57 EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. Research analysts forecast that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is presently 51.15%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. TD Cowen decreased their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Wells Fargo & Company began 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. StockNews.com raised Union Pacific from a “hold” rating to a “buy” rating in a report on Monday, September 23rd. Bank of America decreased their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $258.11.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Company Profile

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.