Tred Avon Family Wealth LLC Makes New $724,000 Investment in Union Pacific Corporation $UNP

Tred Avon Family Wealth LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,061 shares of the railroad operator’s stock, valued at approximately $724,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. FAS Wealth Partners Inc. boosted its stake in Union Pacific by 3.7% in the third quarter. FAS Wealth Partners Inc. now owns 15,750 shares of the railroad operator’s stock valued at $3,723,000 after acquiring an additional 566 shares during the period. Fiduciary Family Office LLC grew its stake in Union Pacific by 15.7% during the 3rd quarter. Fiduciary Family Office LLC now owns 5,153 shares of the railroad operator’s stock worth $1,218,000 after buying an additional 701 shares during the last quarter. Beacon Financial Advisory LLC increased its position in Union Pacific by 9.4% in the third quarter. Beacon Financial Advisory LLC now owns 1,027 shares of the railroad operator’s stock worth $243,000 after buying an additional 88 shares during the period. Aviance Capital Partners LLC lifted its stake in Union Pacific by 3.8% in the third quarter. Aviance Capital Partners LLC now owns 8,846 shares of the railroad operator’s stock valued at $2,091,000 after buying an additional 321 shares during the last quarter. Finally, Lmcg Investments LLC boosted its holdings in shares of Union Pacific by 17.9% during the third quarter. Lmcg Investments LLC now owns 36,112 shares of the railroad operator’s stock valued at $8,536,000 after acquiring an additional 5,495 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $229.75 on Friday. The stock has a market cap of $136.28 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 2.65 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The stock’s 50 day moving average price is $230.72 and its 200 day moving average price is $227.15.

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

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a dividend of $1.38 per share. The ex-dividend date was Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is 46.90%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UNP. Cowen reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a report on Thursday, December 11th. TD Cowen cut their target price on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, BMO Capital Markets set a $255.00 price target on Union Pacific in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.58.

About Union Pacific

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.