Fountainhead AM LLC Purchases Shares of 941 Union Pacific Co. (NYSE:UNP)

Fountainhead AM LLC acquired a new stake in Union Pacific Co. (NYSE:UNP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 941 shares of the railroad operator’s stock, valued at approximately $231,000.

Several other hedge funds also recently modified their holdings of the stock. GAMMA Investing LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $938,000. Ellenbecker Investment Group grew its holdings in shares of Union Pacific by 18.7% in the 4th quarter. Ellenbecker Investment Group now owns 1,844 shares of the railroad operator’s stock valued at $453,000 after acquiring an additional 291 shares in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of Union Pacific by 13.7% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 3,877 shares of the railroad operator’s stock valued at $952,000 after acquiring an additional 468 shares in the last quarter. Community Bank & Trust Waco Texas grew its holdings in shares of Union Pacific by 13.6% in the 4th quarter. Community Bank & Trust Waco Texas now owns 24,536 shares of the railroad operator’s stock valued at $6,027,000 after acquiring an additional 2,933 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Union Pacific by 17.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,522 shares of the railroad operator’s stock valued at $1,111,000 after acquiring an additional 675 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP traded up $1.82 during trading on Tuesday, hitting $236.29. 1,980,821 shares of the stock traded hands, compared to its average volume of 2,306,394. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The company has a market cap of $144.16 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. The business has a 50 day moving average price of $244.85 and a 200 day moving average price of $234.64.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The company’s revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.20%. Union Pacific’s payout ratio is presently 49.71%.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction 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 sale, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UNP. BMO Capital Markets lifted their price target on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Jefferies Financial Group began coverage on Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price target for the company. JPMorgan Chase & Co. lifted their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. 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, 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. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $255.00.

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.