Insight Wealth Strategies LLC Purchases 248 Shares of Union Pacific Co. (NYSE:UNP)

Insight Wealth Strategies LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,172 shares of the railroad operator’s stock after purchasing an additional 248 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Union Pacific were worth $2,261,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Marshall Wace LLP boosted its position in shares of Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. Capital World Investors raised its stake in shares of Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after buying an additional 1,073,625 shares during the last quarter. Capital Research Global Investors raised its stake in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Junto Capital Management LP bought a new stake in shares of Union Pacific during the fourth quarter worth approximately $123,297,000. Finally, Bridges Investment Management Inc. increased its stake in Union Pacific by 186.4% in the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.28% of the stock is owned by insiders.

Union Pacific Trading Up 0.4 %

Shares of NYSE:UNP traded up $0.93 during trading on Tuesday, reaching $237.80. 198,168 shares of the company traded hands, compared to its average volume of 2,273,578. The firm has a market capitalization of $145.09 billion, a price-to-earnings ratio of 22.60, a P/E/G ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The business’s fifty day moving average is $246.18 and its 200-day moving average is $238.75.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.57 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 11.1 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were given a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date was Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. Union Pacific’s payout ratio is 51.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Barclays lowered their target price on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Sanford C. Bernstein cut their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a research note on Monday, July 8th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Stifel Nicolaus dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.32.

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.