Valmark Advisers Inc. Has $2.50 Million Stock Holdings in Union Pacific Corporation $UNP

Valmark Advisers Inc. lowered its stake in Union Pacific Corporation (NYSE:UNP) by 0.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 10,845 shares of the railroad operator’s stock after selling 56 shares during the period. Valmark Advisers Inc.’s holdings in Union Pacific were worth $2,495,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UNP. Farther Finance Advisors LLC lifted its holdings in shares of Union Pacific by 22.7% during the 1st quarter. Farther Finance Advisors LLC now owns 6,238 shares of the railroad operator’s stock worth $1,480,000 after acquiring an additional 1,154 shares during the period. Pallas Capital Advisors LLC lifted its stake in Union Pacific by 22.1% in the 1st quarter. Pallas Capital Advisors LLC now owns 2,030 shares of the railroad operator’s stock valued at $480,000 after purchasing an additional 368 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of 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 acquiring an additional 1,520 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of Union Pacific by 202.7% during the first quarter. Simplicity Wealth LLC now owns 7,900 shares of the railroad operator’s stock valued at $1,866,000 after acquiring an additional 5,290 shares during the last quarter. Finally, Parsons Capital Management Inc. RI raised its stake in shares of Union Pacific by 3.1% during the first quarter. Parsons Capital Management Inc. RI now owns 10,357 shares of the railroad operator’s stock valued at $2,447,000 after acquiring an additional 307 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $232.72 on Thursday. The company has a fifty day moving average of $224.14 and a 200-day moving average of $224.57. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The stock has a market capitalization of $138.03 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07.

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

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday. Royal Bank Of Canada boosted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Evercore ISI lowered their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday. 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $261.08.

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.