RWA Wealth Partners LLC Acquires 14,328 Shares of Union Pacific Corporation $UNP

RWA Wealth Partners LLC boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 12.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 128,387 shares of the railroad operator’s stock after purchasing an additional 14,328 shares during the quarter. RWA Wealth Partners LLC’s holdings in Union Pacific were worth $30,347,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Union Pacific during the second quarter worth $1,856,340,000. Laurel Wealth Advisors LLC increased its holdings in Union Pacific by 22,618.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after acquiring an additional 2,613,083 shares during the last quarter. Amundi increased its holdings in Union Pacific by 35.6% in the 2nd quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after acquiring an additional 1,255,231 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd lifted its stake in Union Pacific by 3,536.2% in the 2nd quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after purchasing an additional 983,855 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Union Pacific by 32.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after purchasing an additional 778,411 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UNP shares. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. Susquehanna restated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Citigroup reiterated a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $260.14.

Union Pacific Price Performance

NYSE:UNP opened at $266.59 on Wednesday. The firm has a market capitalization of $158.19 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.88 and a beta of 0.98. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The business has a 50 day simple moving average of $240.29 and a 200-day simple moving average of $230.69. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $267.81.

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

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio is currently 46.12%.

Union Pacific Company 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.