994 Shares in Union Pacific Corporation $UNP Purchased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC bought a new position in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 994 shares of the railroad operator’s stock, valued at approximately $229,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pines Wealth Management LLC boosted its holdings in Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after buying an additional 43 shares during the last quarter. Titleist Asset Management LLC boosted its holdings in Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after buying an additional 44 shares during the last quarter. Five Oceans Advisors boosted its holdings in Union Pacific by 3.9% during the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares during the last quarter. Stiles Financial Services Inc lifted its holdings in shares of Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after purchasing an additional 48 shares in the last quarter. Finally, Avalon Trust Co lifted its holdings in shares of Union Pacific by 5.1% during the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of several recent analyst reports. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and lifted their price objective for the company from $250.00 to $285.00 in a report on Friday, July 25th. Robert W. Baird initiated coverage on Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective on the stock. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and lifted their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Royal Bank Of Canada lifted their price objective on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Finally, UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.54.

Union Pacific Trading Up 0.9%

NYSE UNP opened at $236.60 on Friday. The stock has a market capitalization of $140.33 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 2.47 and a beta of 1.07. The stock’s 50 day moving average price is $223.67 and its two-hundred day moving average price is $224.51. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.74 EPS. As a group, analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were given a dividend of $1.38 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s payout ratio is presently 47.96%.

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.