Alchemi Wealth LLC Makes New Investment in Union Pacific Corporation $UNP

Alchemi Wealth LLC purchased a new position in Union Pacific Corporation (NYSE:UNP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,978 shares of the railroad operator’s stock, valued at approximately $689,000.

A number of other large investors have also bought and sold shares of UNP. Tucker Asset Management LLC bought a new position in shares of Union Pacific in the fourth quarter valued at $25,000. SWAN Capital LLC lifted its stake in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after buying an additional 103 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new position in shares of Union Pacific in the fourth quarter valued at $25,000. Caitlin John LLC bought a new position in shares of Union Pacific in the third quarter valued at $27,000. Finally, Saranac Partners Ltd bought a new position in shares of Union Pacific in the third quarter valued at $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent research reports. Citigroup reaffirmed a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. TD Cowen raised their price target on shares of Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Sanford C. Bernstein raised their price target on shares of Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Evercore reissued an “outperform” rating and set a $277.00 price target on shares of Union Pacific in a research report on Friday, April 24th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $282.21.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $272.37 on Friday. The company has a 50 day moving average of $262.23 and a 200 day moving average of $248.69. The stock has a market cap of $161.71 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.84 and a beta of 0.97. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $279.70. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating the consensus estimate of $2.86 by $0.07. The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. Union Pacific’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.70 earnings per share. As a group, sell-side analysts forecast that Union Pacific Corporation will post 12.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s payout ratio is presently 45.47%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of Union Pacific stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 34,377 shares of company stock worth $9,251,221 over the last three months. 0.22% of the stock is owned by insiders.

Union Pacific Company 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.