Baron Silver Stevens Financial Advisors LLC Has $235,000 Stake in Union Pacific Corporation $UNP

Baron Silver Stevens Financial Advisors LLC increased its position in Union Pacific Corporation (NYSE:UNP) by 8.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,022 shares of the railroad operator’s stock after purchasing an additional 76 shares during the quarter. Baron Silver Stevens Financial Advisors LLC’s holdings in Union Pacific were worth $235,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. Highline Wealth Partners LLC lifted its holdings 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 acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC increased its stake in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific in the first quarter worth about $32,000. WPG Advisers LLC bought a new position in Union Pacific during the first quarter worth about $33,000. Finally, Cornerstone Planning Group LLC lifted its stake in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 1.4%

Shares of NYSE:UNP opened at $235.14 on Monday. 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 cap of $139.45 billion, a P/E ratio of 20.43, a P/E/G ratio of 2.45 and a beta of 1.03. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The company’s 50-day moving average price is $222.73 and its two-hundred day moving average price is $224.47.

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

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a $1.38 dividend. The ex-dividend date is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. Union Pacific’s dividend payout ratio is 47.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and upped their price target for the company from $250.00 to $251.00 in a research report on Monday, September 15th. Royal Bank Of Canada lifted their price objective on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Morgan Stanley reduced their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Finally, Evercore ISI dropped their target price on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.00.

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.