Diligent Investors LLC Raises Stock Position in Union Pacific Corporation $UNP

Diligent Investors LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,028 shares of the railroad operator’s stock after acquiring an additional 173 shares during the period. Diligent Investors LLC’s holdings in Union Pacific were worth $467,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC grew its position in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after buying an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific during the first quarter worth about $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific in the first quarter worth approximately $33,000. Finally, Cornerstone Planning Group LLC raised its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on UNP shares. Wells Fargo & Company boosted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research note on Friday. Finally, Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $250.00 to $251.00 in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.54.

Union Pacific Stock Up 0.9%

Shares of NYSE:UNP opened at $236.60 on Friday. The stock has a market capitalization of $140.33 billion, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 2.47 and a beta of 1.07. The stock’s 50-day moving average price is $223.67 and its 200-day moving average price is $224.51. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion during 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%.Union Pacific’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 EPS. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a $1.38 dividend. The ex-dividend date of this dividend was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. 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.