Union Pacific Co. (NYSE:UNP) Stock Position Raised by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 5.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,219 shares of the railroad operator’s stock after acquiring an additional 233 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Union Pacific were worth $1,040,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. Forum Financial Management LP raised its stake in shares of Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after acquiring an additional 41 shares during the last quarter. Fairhaven Wealth Management LLC increased its holdings in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after purchasing an additional 43 shares in the last quarter. Chesapeake Wealth Management raised its position in Union Pacific by 0.5% in the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after purchasing an additional 43 shares during the last quarter. Elevated Capital Advisors LLC lifted its holdings in Union Pacific by 3.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after buying an additional 44 shares in the last quarter. Finally, Fortis Capital Advisors LLC boosted its position in Union Pacific by 5.0% in the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after buying an additional 44 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Citigroup initiated coverage on shares of Union Pacific in a research note on Wednesday. They issued a “neutral” rating and a $264.00 target price on the stock. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. TD Cowen cut their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.50.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 0.4 %

Shares of UNP traded up $0.88 on Thursday, hitting $238.56. The company’s stock had a trading volume of 738,278 shares, compared to its average volume of 2,273,504. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $145.33 billion, a price-to-earnings ratio of 22.68, a P/E/G ratio of 2.20 and a beta of 1.05. The firm’s fifty day moving average price is $245.74 and its 200-day moving average price is $238.62. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same quarter in the prior year, the company earned $2.57 earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year. On average, equities research analysts expect that Union Pacific Co. will post 11.1 EPS for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were paid a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.25%. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

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.