Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Union Pacific Corporation $UNP

Wealth Enhancement Advisory Services LLC increased its stake in Union Pacific Corporation (NYSE:UNP) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,724 shares of the railroad operator’s stock after purchasing an additional 3,351 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Union Pacific were worth $37,488,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in UNP. Envestnet Portfolio Solutions Inc. increased its holdings in Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock worth $21,475,000 after acquiring an additional 8,925 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in shares of Union Pacific by 26.4% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock worth $5,494,000 after purchasing an additional 4,980 shares in the last quarter. Union Bancaire Privee UBP SA increased its stake in shares of Union Pacific by 9.8% in the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after purchasing an additional 4,707 shares in the last quarter. CX Institutional raised its position in shares of Union Pacific by 39.8% during the 3rd quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after purchasing an additional 18,742 shares during the period. Finally, SCS Capital Management LLC lifted its stake in shares of Union Pacific by 165.2% during the 2nd quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock valued at $8,009,000 after buying an additional 21,685 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock opened at $223.45 on Wednesday. The company has a fifty day simple moving average of $230.78 and a two-hundred day simple moving average of $226.93. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $132.54 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 2.65 and a beta of 0.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter last year, the firm earned $2.75 EPS. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Friday, December 5th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.5%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.

Analyst Ratings Changes

A number of research firms have commented on UNP. Cowen reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. BMO Capital Markets set a $255.00 target price on Union Pacific in a research report on Wednesday, January 7th. Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a report on Monday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.58.

Union Pacific 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.