Union Pacific Corporation $UNP Shares Purchased by Sather Financial Group Inc

Sather Financial Group Inc increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 5.5% in the second quarter, Holdings Channel reports. The firm owned 99,615 shares of the railroad operator’s stock after buying an additional 5,167 shares during the period. Union Pacific comprises 1.3% of Sather Financial Group Inc’s investment portfolio, making the stock its 25th largest holding. Sather Financial Group Inc’s holdings in Union Pacific were worth $22,919,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Highline Wealth Partners LLC grew its position in Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its position in Union Pacific by 1,400.0% in 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 in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific in the 1st quarter valued at about $32,000. WPG Advisers LLC acquired a new position in Union Pacific in the 1st quarter valued at about $33,000. Finally, Cornerstone Planning Group LLC grew its position in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

UNP stock opened at $225.54 on Friday. The business has a 50 day moving average price of $224.45 and a 200 day moving average price of $224.38. The stock has a market cap of $133.77 billion, a price-to-earnings ratio of 19.60, a PEG ratio of 2.34 and a beta of 1.07. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. 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 posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm 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%.The firm’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.74 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on UNP. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $285.00 in a research report on Friday, July 25th. 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 price objective for the company. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $250.00 to $251.00 in a research report on Monday, September 15th. Wells Fargo & Company boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. lowered their price objective on Union Pacific from $267.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $261.08.

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.