First Affirmative Financial Network Has $288,000 Stock Position in Union Pacific Co. (NYSE:UNP)

First Affirmative Financial Network lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,172 shares of the railroad operator’s stock after purchasing an additional 58 shares during the quarter. First Affirmative Financial Network’s holdings in Union Pacific were worth $288,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Union Pacific in the fourth quarter worth about $1,832,127,000. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 23.1% during the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after buying an additional 1,285,144 shares during the last quarter. Winslow Capital Management LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $293,162,000. The Manufacturers Life Insurance Company grew its stake in shares of Union Pacific by 65.5% in the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock worth $478,224,000 after acquiring an additional 929,495 shares during the last quarter. Finally, Cerity Partners LLC increased its position in Union Pacific by 331.7% during the fourth quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock worth $280,817,000 after acquiring an additional 878,490 shares during the period. 80.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their target price for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Susquehanna upped their target price on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. Wells Fargo & Company initiated coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $259.75.

Union Pacific Stock Up 0.4 %

Shares of NYSE:UNP opened at $226.11 on Friday. Union Pacific Co. has a 12 month low of $199.06 and a 12 month high of $258.66. The company’s 50-day moving average price is $233.96 and its two-hundred day moving average price is $240.54. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The firm has a market cap of $137.95 billion, a P/E ratio of 21.58, a P/E/G ratio of 1.83 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 EPS. As a group, research analysts forecast that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.