Physician Wealth Advisors Inc. Has $1.59 Million Position in Union Pacific Co. (NYSE:UNP)

Physician Wealth Advisors Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 1.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,877 shares of the railroad operator’s stock after acquiring an additional 101 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Union Pacific were worth $1,590,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Norges Bank acquired a new stake in Union Pacific in the fourth quarter worth $1,832,127,000. Wellington Management Group LLP raised its holdings in Union Pacific by 0.3% in the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares during the period. Capital Research Global Investors raised its holdings in Union Pacific by 23.1% in the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after purchasing an additional 1,285,144 shares during the period. Fisher Asset Management LLC raised its holdings in Union Pacific by 2.2% in the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after purchasing an additional 125,522 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Union Pacific by 7.1% in the fourth quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock worth $1,351,937,000 after purchasing an additional 364,029 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP traded up $2.79 during midday trading on Friday, reaching $226.26. The stock had a trading volume of 3,492,610 shares, compared to its average volume of 2,420,808. The firm has a 50 day simple moving average of $233.31 and a 200-day simple moving average of $240.30. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The firm has a market cap of $138.05 billion, a PE ratio of 21.59, a P/E/G ratio of 1.84 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $2.67 EPS. As a group, sell-side analysts anticipate that Union Pacific Co. will post 11.22 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.30%. The ex-dividend date was Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UNP. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Morgan Stanley raised their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Jefferies Financial Group began coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective on the stock. Wells Fargo & Company began coverage on shares of Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective on the stock. Finally, TD Cowen raised their price objective on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $258.92.

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.