Schechter Investment Advisors LLC Has $1.22 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Schechter Investment Advisors LLC lifted its stake in Union Pacific Co. (NYSE:UNP) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,945 shares of the railroad operator’s stock after acquiring an additional 122 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Union Pacific were worth $1,215,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Tectonic Advisors LLC increased its position in shares of Union Pacific by 2.3% in the fourth quarter. Tectonic Advisors LLC now owns 3,227 shares of the railroad operator’s stock valued at $793,000 after acquiring an additional 73 shares during the last quarter. Bar Harbor Wealth Management increased its position in shares of Union Pacific by 3.9% in the fourth quarter. Bar Harbor Wealth Management now owns 7,369 shares of the railroad operator’s stock valued at $1,810,000 after acquiring an additional 274 shares during the last quarter. Heartwood Wealth Advisors LLC increased its position in shares of Union Pacific by 28.3% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 5,509 shares of the railroad operator’s stock valued at $1,353,000 after acquiring an additional 1,216 shares during the last quarter. Blackston Financial Advisory Group LLC bought a new position in Union Pacific during the fourth quarter worth about $388,000. Finally, Sage Financial Management Group Inc. bought a new position in Union Pacific during the fourth quarter worth about $295,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UNP shares. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Monday, March 18th. TD Cowen lifted their price target on Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price target for the company in a report on Monday, January 22nd. Royal Bank of Canada reduced their price target on Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Finally, Raymond James lifted their price target on Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Tuesday, January 16th. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.67.

Union Pacific Trading Up 1.6 %

Shares of UNP stock opened at $244.63 on Thursday. Union Pacific Co. has a 1 year low of $190.37 and a 1 year high of $258.66. The stock has a market cap of $149.17 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 2.11. The stock has a 50 day simple moving average of $247.48 and a 200 day simple moving average of $230.40.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, beating the consensus estimate of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the business earned $2.67 earnings per share. The company’s revenue was down .3% on a year-over-year basis. On average, research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Thursday, February 29th will be given a dividend of $1.30 per share. The ex-dividend date is Wednesday, February 28th. This represents a $5.20 annualized dividend and a yield of 2.13%. Union Pacific’s dividend payout ratio is currently 49.71%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at $14,170,500. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific 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.