Union Pacific Corporation (NYSE:UNP) Shares Acquired by Mattern Capital Management LLC

Mattern Capital Management LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 0.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 38,581 shares of the railroad operator’s stock after purchasing an additional 125 shares during the quarter. Mattern Capital Management LLC’s holdings in Union Pacific were worth $9,114,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Highline Wealth Partners LLC raised its position in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL raised its position in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after purchasing an additional 45 shares during the period. Meeder Asset Management Inc. raised its position in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock worth $70,000 after purchasing an additional 212 shares during the period. Finally, Transce3nd LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth approximately $72,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Barclays decreased their price objective on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a report on Friday, April 25th. Bank of America increased their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a report on Friday, May 16th. Finally, Argus raised Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $258.39.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $227.91 on Wednesday. The stock has a fifty day moving average price of $221.49 and a two-hundred day moving average price of $230.81. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The firm has a market cap of $136.17 billion, a P/E ratio of 20.53, a PEG ratio of 2.27 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.69 earnings per share. Research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.