Impact Capital Partners LLC Acquires 354 Shares of Union Pacific Co. (NYSE:UNP)

Impact Capital Partners LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 4.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,817 shares of the railroad operator’s stock after purchasing an additional 354 shares during the period. Impact Capital Partners LLC’s holdings in Union Pacific were worth $2,083,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of UNP. Union Bancaire Privee UBP SA purchased a new stake in Union Pacific in the 4th quarter worth approximately $20,683,000. Stratos Wealth Partners LTD. lifted its stake in Union Pacific by 2.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 16,262 shares of the railroad operator’s stock worth $3,709,000 after purchasing an additional 322 shares in the last quarter. Stratos Wealth Advisors LLC lifted its stake in Union Pacific by 17.4% in the 4th quarter. Stratos Wealth Advisors LLC now owns 1,775 shares of the railroad operator’s stock worth $405,000 after purchasing an additional 263 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Union Pacific by 29.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 55,242 shares of the railroad operator’s stock worth $12,684,000 after purchasing an additional 12,728 shares in the last quarter. Finally, Private Management Group Inc. lifted its stake in Union Pacific by 8.5% in the 4th quarter. Private Management Group Inc. now owns 1,024 shares of the railroad operator’s stock worth $233,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Stephens lowered their target price on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research note on Wednesday, April 16th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. Finally, Jefferies Financial Group decreased their price target on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

Union Pacific Price Performance

UNP stock opened at $223.39 on Friday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The firm’s fifty day moving average is $220.25 and its 200 day moving average is $232.23. The firm has a market cap of $133.47 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.15 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is currently 48.29%.

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.