Nemes Rush Group LLC Purchases 4,442 Shares of Union Pacific Co. (NYSE:UNP)

Nemes Rush Group LLC raised its position in shares of Union Pacific Co. (NYSE:UNP) by 9.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,265 shares of the railroad operator’s stock after acquiring an additional 4,442 shares during the period. Union Pacific makes up 1.5% of Nemes Rush Group LLC’s portfolio, making the stock its 22nd biggest holding. Nemes Rush Group LLC’s holdings in Union Pacific were worth $12,147,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in UNP. Compass Financial Services Inc acquired a new stake in Union Pacific in the 4th quarter valued at approximately $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $29,000. Dunhill Financial LLC grew its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. PrairieView Partners LLC bought a new position in Union Pacific during the fourth quarter worth $34,000. Finally, Kentucky Trust Co acquired a new position in Union Pacific during the 4th quarter valued at $40,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $236.37 on Tuesday. The business has a fifty day moving average of $243.16 and a 200-day moving average of $239.32. The firm has a market cap of $141.66 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same period in the previous year, the firm posted $2.71 earnings per share. On average, equities research analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s dividend payout ratio is 48.33%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. BMO Capital Markets raised their price target on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $285.00 target price (up from $265.00) on shares of Union Pacific in a research report on Friday, January 24th. Stifel Nicolaus boosted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $265.00 to $200.00 in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.76.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 7,500 shares of the stock in a transaction on 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 owns 64,960 shares of the company’s stock, valued at $16,240,000. This represents a 10.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Craig V. Richardson sold 6,495 shares of the company’s 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 completion of the sale, the executive vice president now owns 26,319 shares of the company’s stock, valued at $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

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.