Advisory Alpha LLC Purchases 329 Shares of Union Pacific Corporation $UNP

Advisory Alpha LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 16.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,276 shares of the railroad operator’s stock after buying an additional 329 shares during the period. Advisory Alpha LLC’s holdings in Union Pacific were worth $538,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sherbrooke Park Advisers LLC bought a new stake in shares of Union Pacific during the 4th quarter worth $781,000. LGT Group Foundation boosted its holdings in Union Pacific by 9.7% in the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after purchasing an additional 477 shares during the period. Nuveen LLC bought a new stake in Union Pacific in the 1st quarter valued at $988,822,000. SlateStone Wealth LLC boosted its holdings in Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after purchasing an additional 772 shares during the period. Finally, Meadow Creek Wealth Advisors LLC boosted its holdings in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after purchasing an additional 359 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Evercore ISI reduced their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Bank of America increased their price target on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the company from $250.00 to $285.00 in a report on Friday, July 25th. Finally, UBS Group increased their price objective on shares of Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.21.

Union Pacific Trading Down 0.6%

Shares of Union Pacific stock opened at $215.91 on Wednesday. The stock has a market capitalization of $128.05 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 2.11 and a beta of 1.03. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The company has a 50-day simple moving average of $225.75 and a 200 day simple moving average of $226.53. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the company posted $2.74 EPS. Research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.6%. Union Pacific’s dividend payout ratio is 47.96%.

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.