Union Pacific Co. (NYSE:UNP) Shares Bought by Apollon Wealth Management LLC

Apollon Wealth Management LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,472 shares of the railroad operator’s stock after purchasing an additional 1,204 shares during the quarter. Apollon Wealth Management LLC’s holdings in Union Pacific were worth $9,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific in the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific during the third quarter worth approximately $32,000. Finally, Dunhill Financial LLC lifted its holdings in Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on UNP shares. Benchmark raised their price target on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. BMO Capital Markets upped their price target on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Guggenheim lifted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Royal Bank of Canada lowered their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, TD Cowen raised their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Stock Performance

Shares of UNP stock opened at $242.12 on Friday. The company has a market cap of $146.79 billion, a P/E ratio of 21.83, a PEG ratio of 2.11 and a beta of 1.06. The firm has a fifty day moving average price of $235.20 and a 200 day moving average price of $240.17. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same period in the prior year, the company posted $2.71 EPS. Sell-side analysts predict that Union Pacific Co. will post 12.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, February 28th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Friday, February 28th. Union Pacific’s dividend payout ratio (DPR) is 48.33%.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 7,500 shares of the firm’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the transaction, the president now owns 64,960 shares of the company’s stock, valued at $16,240,000. This trade represents a 10.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the completion of the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. 0.28% of the stock is owned by company insiders.

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.