Frontier Wealth Management LLC lessened its holdings in Union Pacific Co. (NYSE:UNP) by 3.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,021 shares of the railroad operator’s stock after selling 330 shares during the quarter. Frontier Wealth Management LLC’s holdings in Union Pacific were worth $1,091,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC grew its holdings in shares of Union Pacific by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after buying an additional 274 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after buying an additional 686 shares during the last quarter. Ullmann Financial Group Inc. purchased a new stake in shares of Union Pacific during the first quarter valued at approximately $122,000. Finally, Delta Asset Management LLC TN grew its holdings in shares of Union Pacific by 6.8% during the second quarter. Delta Asset Management LLC TN now owns 1,183 shares of the railroad operator’s stock valued at $129,000 after buying an additional 75 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.
UNP has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Royal Bank Of Canada reiterated a “hold” rating and set a $124.00 price target on shares of Union Pacific in a report on Thursday, November 9th. BMO Capital Markets increased their price target on shares of Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Aegis cut shares of Union Pacific from a “buy” rating to a “hold” rating and increased their price target for the company from $120.00 to $122.00 in a report on Tuesday, October 10th. Finally, Morgan Stanley increased their price target on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, October 31st. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $118.53.
Shares of Union Pacific Co. (NYSE UNP) traded down $0.06 during trading on Thursday, reaching $127.95. 3,817,800 shares of the company were exchanged, compared to its average volume of 3,579,691. The company has a market capitalization of $100,765.47, a P/E ratio of 22.62, a price-to-earnings-growth ratio of 2.08 and a beta of 0.90. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $132.00. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.
Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.36 earnings per share. equities research analysts predict that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be given a dividend of $0.665 per share. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $2.66 dividend on an annualized basis and a yield of 2.08%. Union Pacific’s dividend payout ratio is 47.00%.
Union Pacific Company Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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