Fort Washington Investment Advisors Inc. OH Purchases 30,974 Shares of Union Pacific Corporation $UNP

Fort Washington Investment Advisors Inc. OH lifted its position in Union Pacific Corporation (NYSE:UNP) by 17.0% in the 2nd quarter, Holdings Channel reports. The fund owned 212,965 shares of the railroad operator’s stock after acquiring an additional 30,974 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Union Pacific were worth $48,999,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. LGT Group Foundation increased its position in Union Pacific by 9.7% during the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after buying an additional 477 shares in the last quarter. Nuveen LLC purchased a new position in shares of Union Pacific in the 1st quarter worth $988,822,000. SlateStone Wealth LLC boosted its stake in shares of Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after buying an additional 772 shares during the last quarter. Meadow Creek Wealth Advisors LLC lifted its position in Union Pacific by 10.9% during the first 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 in the last quarter. Finally, GAMMA Investing LLC lifted its position in Union Pacific by 16.8% during the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after purchasing an additional 1,520 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $235.14 on Friday. The stock’s 50-day simple moving average is $222.73 and its 200-day simple moving average is $224.54. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a market capitalization of $139.45 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 2.45 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.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the previous year, the business earned $2.74 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. As a group, 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. Stockholders of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is presently 47.96%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on UNP. Robert W. Baird began coverage on Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price on the stock. Wells Fargo & Company lifted their target price on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. UBS Group lifted their target price on Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Baird R W upgraded Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Finally, Sanford C. Bernstein boosted their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $260.00.

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.