NovaPoint Capital LLC Has $4.26 Million Holdings in Union Pacific Co. (NYSE:UNP)

NovaPoint Capital LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,679 shares of the railroad operator’s stock after purchasing an additional 884 shares during the period. Union Pacific accounts for approximately 1.3% of NovaPoint Capital LLC’s holdings, making the stock its 25th biggest holding. NovaPoint Capital LLC’s holdings in Union Pacific were worth $4,259,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Czech National Bank boosted its stake in Union Pacific by 6.7% during the 3rd quarter. Czech National Bank now owns 124,100 shares of the railroad operator’s stock worth $30,588,000 after acquiring an additional 7,836 shares during the last quarter. Aprio Wealth Management LLC boosted its stake in Union Pacific by 8.3% during the 3rd quarter. Aprio Wealth Management LLC now owns 963 shares of the railroad operator’s stock worth $237,000 after acquiring an additional 74 shares during the last quarter. Axiom Advisory LLC boosted its stake in Union Pacific by 2.7% during the 3rd quarter. Axiom Advisory LLC now owns 2,496 shares of the railroad operator’s stock worth $601,000 after acquiring an additional 66 shares during the last quarter. Sugarloaf Wealth Management LLC boosted its stake in Union Pacific by 27.4% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 298 shares of the railroad operator’s stock worth $73,000 after acquiring an additional 64 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. boosted its stake in Union Pacific by 16.0% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 15,158 shares of the railroad operator’s stock worth $3,736,000 after acquiring an additional 2,090 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research reports. Royal Bank of Canada cut their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Finally, Robert W. Baird upped their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.40.

Union Pacific Price Performance

Shares of UNP opened at $244.27 on Thursday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50-day moving average of $235.25 and a 200-day moving average of $240.12. The company has a market capitalization of $148.09 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. During the same quarter in the prior year, the business earned $2.71 earnings per share. As a group, equities research analysts anticipate that Union Pacific Co. will post 12.03 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is presently 48.33%.

Insider Activity

In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of the company’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total value of $1,875,000.00. Following the transaction, the president now directly owns 64,960 shares in the company, valued at $16,240,000. This represents a 10.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

About Union Pacific

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.