KFG Wealth Management LLC Acquires Shares of 927 Union Pacific Co. (NYSE:UNP)

KFG Wealth Management LLC acquired a new stake in Union Pacific Co. (NYSE:UNP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 927 shares of the railroad operator’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Albion Financial Group UT increased its position in Union Pacific by 0.5% in the 1st quarter. Albion Financial Group UT now owns 35,877 shares of the railroad operator’s stock valued at $8,823,000 after acquiring an additional 162 shares in the last quarter. Tradewinds Capital Management LLC grew its position in shares of Union Pacific by 86.7% during the 1st quarter. Tradewinds Capital Management LLC now owns 140 shares of the railroad operator’s stock worth $34,000 after buying an additional 65 shares during the period. Azzad Asset Management Inc. ADV grew its position in shares of Union Pacific by 2.7% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 8,340 shares of the railroad operator’s stock worth $2,051,000 after buying an additional 218 shares during the period. Plimoth Trust Co. LLC grew its position in shares of Union Pacific by 1.1% during the 1st quarter. Plimoth Trust Co. LLC now owns 11,530 shares of the railroad operator’s stock worth $2,836,000 after buying an additional 129 shares during the period. Finally, Silverlake Wealth Management LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth approximately $207,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock opened at $225.57 on Thursday. The company’s fifty day simple moving average is $232.90 and its 200-day simple moving average is $240.08. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The firm has a market cap of $137.63 billion, a PE ratio of 21.52, a P/E/G ratio of 1.92 and a beta of 1.07. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.22 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on UNP shares. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and lowered their price target for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Raymond James reiterated a “strong-buy” rating and set a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Susquehanna lowered their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Tuesday, June 25th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.92.

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.