Roof Eidam & Maycock ADV raised its position in shares of Union Pacific Co. (NYSE:UNP) by 8.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,885 shares of the railroad operator’s stock after buying an additional 450 shares during the period. Roof Eidam & Maycock ADV’s holdings in Union Pacific were worth $995,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Mercer Global Advisors Inc. ADV bought a new stake in shares of Union Pacific during the first quarter valued at approximately $4,894,000. Pendal Group Ltd grew its stake in shares of Union Pacific by 8.9% during the first quarter. Pendal Group Ltd now owns 47,161 shares of the railroad operator’s stock valued at $7,885,000 after purchasing an additional 3,868 shares during the last quarter. Cerebellum GP LLC grew its stake in shares of Union Pacific by 6.0% during the first quarter. Cerebellum GP LLC now owns 2,051 shares of the railroad operator’s stock valued at $343,000 after purchasing an additional 116 shares during the last quarter. Choate Investment Advisors grew its stake in shares of Union Pacific by 3.5% during the first quarter. Choate Investment Advisors now owns 15,314 shares of the railroad operator’s stock valued at $2,561,000 after purchasing an additional 520 shares during the last quarter. Finally, Lehman & Derafelo Financial Resources LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $291,000. 79.30% of the stock is owned by institutional investors.
Several analysts have recently commented on UNP shares. Cowen reissued a “buy” rating and set a $184.00 price target on shares of Union Pacific in a research note on Thursday, July 18th. Cascend Securities cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Deutsche Bank increased their price target on shares of Union Pacific from $197.00 to $206.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Atlantic Securities raised shares of Union Pacific from a “neutral” rating to an “overweight” rating and increased their price target for the company from $175.00 to $195.00 in a research note on Friday, July 26th. Finally, Goldman Sachs Group began coverage on shares of Union Pacific in a research note on Wednesday, July 10th. They issued a “buy” rating and a $198.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $182.62.
UNP stock traded down $0.99 during midday trading on Friday, reaching $174.02. The company’s stock had a trading volume of 94,672 shares, compared to its average volume of 3,064,620. Union Pacific Co. has a 52 week low of $128.08 and a 52 week high of $180.54. The stock has a market capitalization of $122.41 billion, a PE ratio of 21.96, a PEG ratio of 2.00 and a beta of 1.04. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.58 and a current ratio of 0.72. The stock’s 50-day moving average price is $171.09.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 18th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.12 by $0.10. The firm had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.62 billion. Union Pacific had a net margin of 26.95% and a return on equity of 31.74%. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.98 earnings per share. Analysts predict that Union Pacific Co. will post 8.96 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.23%. This is a boost from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date is Thursday, August 29th. Union Pacific’s dividend payout ratio (DPR) is currently 44.50%.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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