Union Pacific Co. (NYSE:UNP) Shares Acquired by Core Wealth Partners LLC

Core Wealth Partners LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,326 shares of the railroad operator’s stock after acquiring an additional 118 shares during the quarter. Union Pacific comprises approximately 0.8% of Core Wealth Partners LLC’s holdings, making the stock its 26th biggest holding. Core Wealth Partners LLC’s holdings in Union Pacific were worth $1,064,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. OLD Point Trust & Financial Services N A acquired a new position in Union Pacific in the 4th quarter worth $25,000. Richardson Capital Management LLC acquired a new position in Union Pacific in the 1st quarter worth $26,000. Raleigh Capital Management Inc. lifted its holdings in Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares in the last quarter. Valued Wealth Advisors LLC acquired a new position in Union Pacific in the 4th quarter worth $28,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific in the 4th quarter worth $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Evercore ISI upped their target price on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the company from $276.00 to $238.00 in a research note on Monday, June 17th. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Finally, Jefferies Financial Group assumed coverage on shares of Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 target price on the stock. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Stock Performance

Shares of NYSE:UNP traded up $0.07 during trading hours on Thursday, hitting $225.57. The stock had a trading volume of 1,219,762 shares, compared to its average volume of 2,259,866. 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 capitalization of $137.63 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 1.92 and a beta of 1.07. The stock’s fifty day simple moving average is $232.77 and its 200 day simple moving average is $239.98.

Union Pacific (NYSE:UNP) last posted 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. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the business earned $2.67 earnings per share. The business’s revenue for the quarter was down .4% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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

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.