Wealth Enhancement Advisory Services LLC Purchases 3,351 Shares of Union Pacific Corporation $UNP

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

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

Union Pacific Trading Down 2.6%

Shares of NYSE UNP opened at $223.45 on Wednesday. The business has a fifty day moving average price of $230.78 and a 200 day moving average price of $226.93. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The stock 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 released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same period in the prior year, the firm posted $2.75 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on UNP shares. BMO Capital Markets set a $255.00 price objective on shares of Union Pacific in a report on Wednesday, January 7th. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a report on Thursday, December 18th. Finally, UBS Group set a $253.00 target price on Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. 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 stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.58.

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.