Sound Income Strategies LLC Boosts Stock Position in Union Pacific Co. (NYSE:UNP)

Sound Income Strategies LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 16.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 503 shares of the railroad operator’s stock after purchasing an additional 72 shares during the period. Sound Income Strategies LLC’s holdings in Union Pacific were worth $115,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Traveka Wealth LLC grew its stake in Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after acquiring an additional 45 shares during the period. Red Mountain Financial LLC boosted its holdings in shares of Union Pacific by 2.0% during the third quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after purchasing an additional 45 shares during the last quarter. Roble Belko & Company Inc increased its stake in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. True Link Financial Advisors LLC lifted its position in Union Pacific by 1.2% during the third quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock worth $990,000 after buying an additional 47 shares during the period. Finally, Dakota Community Bank & Trust NA boosted its stake in Union Pacific by 2.8% in the 4th quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after buying an additional 49 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on UNP shares. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Raymond James reaffirmed a “strong-buy” rating and set a $285.00 price target (up previously from $265.00) on shares of Union Pacific in a research note on Friday. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Susquehanna cut their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, TD Cowen lifted their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a report on Friday. Nine investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.57.

Union Pacific Stock Up 0.4 %

Shares of NYSE UNP opened at $248.94 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock’s 50-day simple moving average is $234.05 and its 200-day simple moving average is $239.40. The firm has a market cap of $150.92 billion, a price-to-earnings ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter in the prior year, the firm posted $2.71 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Union Pacific Company Profile

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.