ORG Partners LLC Reduces Position in Union Pacific Corporation $UNP

ORG Partners LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 12.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 480 shares of the railroad operator’s stock after selling 67 shares during the period. ORG Partners LLC’s holdings in Union Pacific were worth $113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Highline Wealth Partners LLC grew its holdings in shares of Union Pacific by 103.5% in the first 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 last quarter. CBIZ Investment Advisory Services LLC boosted its position in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new stake in Union Pacific in the 1st quarter valued at about $32,000. WPG Advisers LLC bought a new stake in shares of Union Pacific during the first quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Union Pacific by 50.5% during the first 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. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

UNP has been the topic of several research reports. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $250.00 to $251.00 in a report on Monday, September 15th. Susquehanna reissued a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday. Baird R W raised Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Finally, Evercore ISI reduced their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $260.00.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $235.14 on Monday. The company has a 50-day simple moving average of $222.73 and a two-hundred day simple moving average of $224.47. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a market capitalization of $139.45 billion, a PE ratio of 20.43, a P/E/G ratio of 2.45 and a beta of 1.03.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.74 EPS. Research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

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.