Capital Advisors Ltd. LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP – Get Rating) by 80.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 664 shares of the railroad operator’s stock after purchasing an additional 296 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Union Pacific were worth $181,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kovitz Investment Group Partners LLC boosted its position in shares of Union Pacific by 648.4% during the first quarter. Kovitz Investment Group Partners LLC now owns 23,208 shares of the railroad operator’s stock worth $6,341,000 after acquiring an additional 20,107 shares during the last quarter. Baker Tilly Wealth Management LLC lifted its stake in Union Pacific by 19.9% in the 1st quarter. Baker Tilly Wealth Management LLC now owns 7,836 shares of the railroad operator’s stock worth $2,141,000 after purchasing an additional 1,299 shares in the last quarter. Laurel Wealth Advisors Inc. lifted its stake in Union Pacific by 266.6% in the 4th quarter. Laurel Wealth Advisors Inc. now owns 5,466 shares of the railroad operator’s stock worth $1,377,000 after purchasing an additional 3,975 shares in the last quarter. Ascent Group LLC bought a new position in shares of Union Pacific during the 4th quarter valued at about $1,183,000. Finally, Ieq Capital LLC grew its position in shares of Union Pacific by 16.0% during the first quarter. Ieq Capital LLC now owns 18,831 shares of the railroad operator’s stock valued at $5,145,000 after purchasing an additional 2,600 shares in the last quarter. Institutional investors own 80.26% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently commented on UNP. Susquehanna downgraded Union Pacific from a “positive” rating to a “neutral” rating and set a $235.00 target price on the stock. in a research report on Wednesday, July 6th. They noted that the move was a valuation call. Morgan Stanley lowered their target price on Union Pacific from $210.00 to $207.00 and set an “equal weight” rating for the company in a research report on Friday, July 22nd. Credit Suisse Group reduced their price target on shares of Union Pacific to $252.00 in a research report on Friday, July 22nd. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Union Pacific from $260.00 to $232.00 in a research report on Friday, July 22nd. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Saturday. Twelve research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific presently has an average rating of “Hold” and a consensus price target of $248.36.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Rating) last posted its quarterly earnings results on Thursday, July 21st. The railroad operator reported $2.93 EPS for the quarter, hitting the consensus estimate of $2.93. The company had revenue of $6.27 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 29.23% and a return on equity of 52.00%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.72 EPS. Analysts predict that Union Pacific Co. will post 11.58 earnings per share for the current year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, August 31st will be issued a $1.30 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s payout ratio is 48.46%.
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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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