Hantz Financial Services Inc. Raises Holdings in Union Pacific Co. (NYSE:UNP)

Hantz Financial Services Inc. lifted its stake in Union Pacific Co. (NYSE:UNP) by 1.3% during the third quarter, Holdings Channel reports. The institutional investor owned 62,891 shares of the railroad operator’s stock after acquiring an additional 834 shares during the quarter. Hantz Financial Services Inc.’s holdings in Union Pacific were worth $15,501,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific in the second quarter worth about $28,000. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific in the second quarter worth about $27,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth about $30,000. Jamison Private Wealth Management Inc. boosted its stake in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new position in Union Pacific during the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

NYSE:UNP opened at $245.23 on Friday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a market cap of $148.67 billion, a PE ratio of 22.52, a P/E/G ratio of 2.43 and a beta of 1.06. The stock has a 50 day moving average price of $240.13 and a 200 day moving average price of $238.56.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business posted $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent analyst reports. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and lowered their price target for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. BMO Capital Markets lowered their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Citigroup increased their price target on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Finally, Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $259.80.

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.