Veracity Capital LLC Raises Position in Union Pacific Co. (NYSE:UNP)

Veracity Capital LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 5.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,170 shares of the railroad operator’s stock after purchasing an additional 152 shares during the quarter. Veracity Capital LLC’s holdings in Union Pacific were worth $749,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in UNP. Union Bancaire Privee UBP SA purchased a new position in shares of Union Pacific in the fourth quarter valued at about $20,683,000. Optas LLC increased its position in shares of Union Pacific by 1.1% in the fourth quarter. Optas LLC now owns 9,956 shares of the railroad operator’s stock valued at $2,270,000 after acquiring an additional 106 shares during the period. Fourpath Capital Management LLC increased its position in shares of Union Pacific by 0.4% in the fourth quarter. Fourpath Capital Management LLC now owns 47,282 shares of the railroad operator’s stock valued at $10,782,000 after acquiring an additional 183 shares during the period. Childress Capital Advisors LLC increased its position in shares of Union Pacific by 2.7% in the fourth quarter. Childress Capital Advisors LLC now owns 2,243 shares of the railroad operator’s stock valued at $512,000 after acquiring an additional 60 shares during the period. Finally, Trust Point Inc. increased its position in shares of Union Pacific by 17.5% in the fourth quarter. Trust Point Inc. now owns 6,104 shares of the railroad operator’s stock valued at $1,392,000 after acquiring an additional 908 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, March 27th. Barclays reduced their price target on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research report on Friday, April 25th. Raymond James reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Finally, Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and reduced their price target for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Price Performance

Shares of NYSE UNP opened at $221.87 on Wednesday. The firm has a market cap of $132.56 billion, a P/E ratio of 20.01, a PEG ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a 50 day moving average of $221.07 and a 200 day moving average of $232.47.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business’s revenue was down .1% compared to the same quarter last year. During the same period last year, the company posted $2.69 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.42%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

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.