Symmetry Partners LLC Has $1.67 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Symmetry Partners LLC increased its position in Union Pacific Co. (NYSE:UNP) by 17.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,786 shares of the railroad operator’s stock after purchasing an additional 1,003 shares during the quarter. Symmetry Partners LLC’s holdings in Union Pacific were worth $1,669,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. Envestnet Portfolio Solutions Inc. bought a new position in Union Pacific during the third quarter worth about $20,823,000. Envestnet Asset Management Inc. lifted its holdings in shares of Union Pacific by 23.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,009,872 shares of the railroad operator’s stock valued at $409,270,000 after purchasing an additional 384,660 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings in shares of Union Pacific by 37.2% during the 3rd quarter. TRUE Private Wealth Advisors now owns 1,690 shares of the railroad operator’s stock valued at $344,000 after purchasing an additional 458 shares in the last quarter. FMR LLC lifted its holdings in shares of Union Pacific by 62.8% during the 3rd quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock valued at $1,119,295,000 after purchasing an additional 2,119,382 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its holdings in shares of Union Pacific by 13.9% during the 3rd quarter. Clearstead Advisors LLC now owns 14,067 shares of the railroad operator’s stock valued at $2,865,000 after purchasing an additional 1,721 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. TD Cowen boosted their target price on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, April 26th. 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 report on Tuesday, April 9th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and decreased their price objective for the company from $276.00 to $238.00 in a report on Monday. Evercore ISI upped their price objective on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, The Goldman Sachs Group upped their price objective on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.75.

Union Pacific Trading Up 0.5 %

NYSE UNP traded up $1.10 during trading hours on Tuesday, hitting $222.48. 1,512,002 shares of the company’s stock were exchanged, compared to its average volume of 2,291,609. The stock has a 50-day simple moving average of $235.00 and a 200 day simple moving average of $240.84. Union Pacific Co. has a 1-year low of $199.06 and a 1-year high of $258.66. The firm has a market cap of $135.74 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 1.81 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share 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 company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the company earned $2.67 earnings per share. The company’s revenue for the quarter was down .4% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.34%. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

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.