Pathway Financial Advisers LLC increased its position in Union Pacific Corporation (NYSE:UNP – Free Report) by 6.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,159 shares of the railroad operator’s stock after acquiring an additional 373 shares during the period. Pathway Financial Advisers LLC’s holdings in Union Pacific were worth $1,455,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Highline Wealth Partners LLC raised its holdings in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $31,000. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific in the 1st quarter valued at approximately $32,000. Cornerstone Planning Group LLC raised its stake in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in 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 acquiring an additional 45 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Trading Down 1.2%
Union Pacific stock opened at $219.31 on Friday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market capitalization of $130.06 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 2.16 and a beta of 1.05. The company has a 50 day moving average price of $227.04 and a 200 day moving average price of $230.86.
Union Pacific Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, August 29th. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio is 47.96%.
Analyst Ratings Changes
A number of research analysts have recently commented on UNP shares. Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. BMO Capital Markets increased their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Finally, UBS Group raised their price objective on shares of Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $258.21.
Check Out Our Latest Research Report on Union Pacific
Union Pacific 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.
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