CFO4Life Group LLC Takes Position in Union Pacific Corporation $UNP

CFO4Life Group LLC purchased a new stake in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,814 shares of the railroad operator’s stock, valued at approximately $766,000.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. Martin & Co. Inc. TN bought a new stake in Union Pacific in the second quarter worth approximately $1,224,000. WealthShield Partners LLC bought a new position in shares of Union Pacific during the 2nd quarter valued at $2,052,000. W1M Asset Management Ltd bought a new position in shares of Union Pacific during the 2nd quarter valued at $1,004,000. Madison Wealth Partners Inc acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $242,000. Finally, Varma Mutual Pension Insurance Co acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $27,757,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on UNP shares. Citigroup increased their target price on shares of Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Stephens raised Union Pacific to a “strong-buy” rating in a research report on Wednesday, July 8th. Bank of America upped their price target on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $339.00 price objective (up from $289.00) on shares of Union Pacific in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $320.89.

Union Pacific Price Performance

NYSE UNP opened at $307.97 on Friday. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $315.99. The company has a fifty day simple moving average of $286.30 and a 200 day simple moving average of $267.60. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The company has a market cap of $182.96 billion, a P/E ratio of 24.94, a P/E/G ratio of 3.14 and a beta of 0.96.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping the consensus estimate of $3.26 by $0.15. The firm had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the firm posted $3.03 EPS. On average, sell-side analysts predict that Union Pacific Corporation will post 12.93 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be given a $1.42 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Insider Activity at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.22% of the company’s stock.

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.