SPC Financial Inc. Acquires 198 Shares of Union Pacific Co. (NYSE:UNP)

SPC Financial Inc. increased its holdings in Union Pacific Co. (NYSE:UNP) by 4.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,857 shares of the railroad operator’s stock after acquiring an additional 198 shares during the quarter. SPC Financial Inc.’s holdings in Union Pacific were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. GSA Capital Partners LLP increased its stake in Union Pacific by 173.3% during the 3rd quarter. GSA Capital Partners LLP now owns 4,203 shares of the railroad operator’s stock valued at $856,000 after purchasing an additional 2,665 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Union Pacific by 1.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 13,208 shares of the railroad operator’s stock valued at $2,690,000 after purchasing an additional 132 shares in the last quarter. Comerica Bank bought a new stake in Union Pacific during the 3rd quarter valued at about $55,987,000. Allen Mooney & Barnes Investment Advisors LLC bought a new stake in Union Pacific during the 3rd quarter valued at about $362,000. Finally, Public Sector Pension Investment Board boosted its holdings in shares of Union Pacific by 877.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 570,783 shares of the railroad operator’s stock valued at $116,229,000 after acquiring an additional 512,401 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on UNP. TD Cowen raised their price target on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Susquehanna dropped their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a report on Friday, April 26th. The Goldman Sachs Group raised their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Finally, Morgan Stanley raised their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $258.63.

Union Pacific Trading Up 1.9 %

Shares of UNP traded up $4.25 during trading hours on Thursday, reaching $228.66. 1,517,926 shares of the company traded hands, compared to its average volume of 2,271,542. The firm has a market cap of $139.51 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.90 and a beta of 1.06. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock’s fifty day moving average price is $231.19 and its 200 day moving average price is $239.37.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date was Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) 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.