American Money Management LLC Has $6.22 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

American Money Management LLC lifted its holdings in Union Pacific Corporation (NYSE:UNP) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,340 shares of the railroad operator’s stock after buying an additional 374 shares during the period. American Money Management LLC’s holdings in Union Pacific were worth $6,222,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. E Fund Management Co. Ltd. boosted its position in shares of Union Pacific by 6.1% in the first quarter. E Fund Management Co. Ltd. now owns 1,559 shares of the railroad operator’s stock worth $368,000 after buying an additional 89 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Union Pacific by 3.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 38,247 shares of the railroad operator’s stock worth $9,035,000 after buying an additional 1,449 shares during the period. S Bank Fund Management Ltd acquired a new stake in shares of Union Pacific in the first quarter worth $2,327,000. National Pension Service boosted its position in shares of Union Pacific by 9.0% in the first quarter. National Pension Service now owns 1,268,048 shares of the railroad operator’s stock worth $299,564,000 after buying an additional 104,643 shares during the period. Finally, LGT Group Foundation boosted its position in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after buying an additional 477 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 2.0%

Shares of UNP opened at $223.20 on Thursday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm has a market capitalization of $132.37 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 2.13 and a beta of 1.05. The stock’s 50-day moving average price is $227.09 and its 200 day moving average price is $229.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The firm had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the previous year, the company posted $2.74 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. As a group, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a dividend of $1.38 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, August 29th. Union Pacific’s dividend payout ratio is presently 46.57%.

Analyst Ratings Changes

UNP has been the subject of a number of research reports. Sanford C. Bernstein lifted their price objective on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Morgan Stanley reduced their price objective on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Susquehanna reduced their price objective on Union Pacific from $260.00 to $257.00 and set a “positive” rating for the company in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.21.

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.