Synergy Asset Management LLC Purchases 4,800 Shares of Union Pacific Co. (NYSE:UNP)

Synergy Asset Management LLC grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 66.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 12,018 shares of the railroad operator’s stock after purchasing an additional 4,800 shares during the quarter. Synergy Asset Management LLC’s holdings in Union Pacific were worth $2,956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Vaughan Nelson Investment Management L.P. lifted its position in shares of Union Pacific by 18.2% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 752,078 shares of the railroad operator’s stock worth $184,960,000 after purchasing an additional 115,931 shares during the last quarter. Tributary Capital Management LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth approximately $30,000. Oak Thistle LLC acquired a new stake in shares of Union Pacific in the first quarter valued at about $574,000. Silvia Mccoll Wealth Management LLC increased its position in shares of Union Pacific by 2.0% during the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 2,532 shares of the railroad operator’s stock worth $600,000 after purchasing an additional 50 shares during the last quarter. Finally, Claro Advisors LLC raised its stake in shares of Union Pacific by 21.8% in the first quarter. Claro Advisors LLC now owns 1,214 shares of the railroad operator’s stock valued at $299,000 after acquiring an additional 217 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Down 0.3 %

UNP traded down $0.62 on Tuesday, reaching $224.24. The company’s stock had a trading volume of 691,458 shares, compared to its average volume of 2,297,454. The stock has a market cap of $136.81 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The business’s 50 day moving average is $233.31 and its 200 day moving average is $240.32. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.67 EPS. As a group, research analysts forecast that Union Pacific Co. will post 11.22 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.32%. Union Pacific’s dividend payout ratio is 49.62%.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. TD Cowen increased their price objective on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Morgan Stanley increased their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Raymond James reiterated a “strong-buy” rating and set a $280.00 price target (up from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. The Goldman Sachs Group increased their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Finally, Wells Fargo & Company assumed coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $258.92.

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.