Sequoia Financial Advisors LLC Has $14.66 Million Stake in Union Pacific Corporation $UNP

Sequoia Financial Advisors LLC boosted its stake in Union Pacific Corporation (NYSE:UNP) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,710 shares of the railroad operator’s stock after buying an additional 1,219 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Union Pacific were worth $14,658,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Vest Financial LLC boosted its stake in Union Pacific by 39.3% in the 2nd quarter. Vest Financial LLC now owns 9,738 shares of the railroad operator’s stock valued at $2,241,000 after buying an additional 2,746 shares in the last quarter. St. Louis Trust Co boosted its stake in Union Pacific by 37.2% in the 2nd quarter. St. Louis Trust Co now owns 16,584 shares of the railroad operator’s stock valued at $3,816,000 after buying an additional 4,500 shares in the last quarter. Griffin Asset Management Inc. raised its position in Union Pacific by 0.9% in the 2nd quarter. Griffin Asset Management Inc. now owns 15,150 shares of the railroad operator’s stock valued at $3,486,000 after purchasing an additional 129 shares during the last quarter. MGO One Seven LLC raised its position in Union Pacific by 2.9% in the 2nd quarter. MGO One Seven LLC now owns 12,408 shares of the railroad operator’s stock valued at $2,855,000 after purchasing an additional 354 shares during the last quarter. Finally, Welch Group LLC raised its position in Union Pacific by 27.3% in the 2nd quarter. Welch Group LLC now owns 2,512 shares of the railroad operator’s stock valued at $578,000 after purchasing an additional 539 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. Robert W. Baird initiated coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective for the company. Barclays downgraded Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. Citigroup reiterated a “buy” rating and issued a $263.00 price objective (up previously from $251.00) on shares of Union Pacific in a research report on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.58.

Union Pacific Trading Up 0.2%

UNP stock opened at $225.81 on Tuesday. The company has a market cap of $133.93 billion, a P/E ratio of 19.62, a PEG ratio of 2.34 and a beta of 1.07. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. 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 business has a fifty day moving average of $224.52 and a 200-day moving average of $224.25.

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

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, August 29th. Union Pacific’s dividend payout ratio is currently 47.96%.

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.