Union Pacific Co. (NYSE:UNP) Shares Acquired by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 4.1% in the first quarter, Holdings Channel reports. The firm owned 1,264 shares of the railroad operator’s stock after acquiring an additional 50 shares during the period. Atlas Capital Advisors LLC’s holdings in Union Pacific were worth $311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Union Pacific in the 4th quarter valued at $1,832,127,000. Capital Research Global Investors lifted its stake 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 purchasing an additional 1,285,144 shares in the last quarter. Winslow Capital Management LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $293,162,000. The Manufacturers Life Insurance Company boosted its position 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 buying an additional 929,495 shares during the period. Finally, Cerity Partners LLC raised its holdings in shares of Union Pacific by 331.7% during the 4th quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock valued at $280,817,000 after buying an additional 878,490 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on UNP shares. Benchmark upped their price target on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Wells Fargo & Company assumed coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price target on the stock. Morgan Stanley upped their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Jefferies Financial Group started coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Finally, Evercore ISI increased their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $258.92.

Union Pacific Stock Down 0.1 %

Shares of Union Pacific stock opened at $223.47 on Friday. Union Pacific Co. has a 1-year low of $199.33 and a 1-year high of $258.66. The company has a market capitalization of $136.34 billion, a P/E ratio of 21.32, a PEG ratio of 1.82 and a beta of 1.05. The business’s fifty day moving average price is $233.55 and its two-hundred day moving average price is $240.40. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.67 earnings per share. As a group, research analysts forecast that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.33%. Union Pacific’s dividend payout ratio 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.