Albion Financial Group UT Has $8.82 Million Holdings in Union Pacific Co. (NYSE:UNP)

Albion Financial Group UT lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 35,877 shares of the railroad operator’s stock after purchasing an additional 162 shares during the quarter. Albion Financial Group UT’s holdings in Union Pacific were worth $8,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of UNP. Norges Bank bought a new position in shares of Union Pacific during the 4th quarter worth approximately $1,832,127,000. Capital Research Global Investors lifted its position in shares of Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after buying an additional 1,285,144 shares during the period. Winslow Capital Management LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $293,162,000. The Manufacturers Life Insurance Company raised its position in Union Pacific by 65.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock valued at $478,224,000 after purchasing an additional 929,495 shares during the last quarter. Finally, Cerity Partners LLC raised its position in Union Pacific by 331.7% in the 4th quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock valued at $280,817,000 after purchasing an additional 878,490 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.0 %

NYSE:UNP traded up $0.07 on Wednesday, reaching $225.57. The company’s stock had a trading volume of 1,219,761 shares, compared to its average volume of 2,295,574. Union Pacific Co. has a 1-year low of $199.33 and a 1-year high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The firm has a market cap of $137.62 billion, a PE ratio of 21.71, a PEG ratio of 1.92 and a beta of 1.07. The business’s 50-day moving average price is $232.90 and its two-hundred day moving average price is $240.08.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the previous year, the firm earned $2.67 earnings per share. The company’s revenue was down .4% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.31%. Union Pacific’s dividend payout ratio is currently 49.62%.

Analyst Ratings Changes

Several equities analysts have issued reports on UNP shares. Raymond James reiterated a “strong-buy” rating and issued a $280.00 price objective (up previously from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Morgan Stanley boosted their target price on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Evercore ISI boosted their target price on Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and boosted their target price for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. Finally, JPMorgan Chase & Co. boosted their target price on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. 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 company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $258.92.

Union Pacific 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.