RTD Financial Advisors Inc. decreased its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 3.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,534 shares of the railroad operator’s stock after selling 55 shares during the quarter. RTD Financial Advisors Inc.’s holdings in Union Pacific were worth $362,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the business. Allred Capital Management LLC raised its stake in shares of Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after acquiring an additional 40 shares during the period. Palogic Value Management L.P. raised its stake in shares of Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after acquiring an additional 42 shares during the period. Mystic Asset Management Inc. raised its stake in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after acquiring an additional 45 shares during the period. Strategic Investment Solutions Inc. IL raised its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after acquiring an additional 45 shares during the period. Finally, Ironwood Investment Counsel LLC raised its stake in shares of Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after acquiring an additional 46 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Wall Street Analysts Forecast Growth
UNP has been the topic of a number of analyst reports. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a research note on Wednesday, April 16th. The Goldman Sachs Group reiterated a “neutral” rating and set a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Raymond James reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $257.74.
Union Pacific Stock Down 1.0%
UNP stock opened at $223.17 on Friday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The firm has a fifty day moving average price of $220.90 and a two-hundred day moving average price of $231.64. The firm has a market cap of $133.34 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 2.15 and a beta of 1.05.
Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the previous year, the firm earned $2.69 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Research analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.40%. Union Pacific’s payout ratio is 48.29%.
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.
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