Schubert & Co Has $582,000 Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Schubert & Co increased its position in shares of Union Pacific Corporation (NYSE:UNP) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,464 shares of the railroad operator’s stock after acquiring an additional 59 shares during the period. Union Pacific comprises 0.4% of Schubert & Co’s holdings, making the stock its 28th largest holding. Schubert & Co’s holdings in Union Pacific were worth $582,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Solidarity Wealth LLC acquired a new stake in shares of Union Pacific during the 1st quarter worth approximately $204,000. Baldwin Investment Management LLC boosted its position in Union Pacific by 5.5% in the first quarter. Baldwin Investment Management LLC now owns 16,350 shares of the railroad operator’s stock valued at $3,863,000 after buying an additional 856 shares in the last quarter. Norden Group LLC boosted its position in Union Pacific by 280.8% in the first quarter. Norden Group LLC now owns 5,875 shares of the railroad operator’s stock valued at $1,388,000 after buying an additional 4,332 shares in the last quarter. Shoker Investment Counsel Inc. boosted its position in Union Pacific by 1.6% in the first quarter. Shoker Investment Counsel Inc. now owns 14,494 shares of the railroad operator’s stock valued at $3,425,000 after buying an additional 222 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its position in Union Pacific by 3.7% in the first quarter. Nemes Rush Group LLC now owns 55,220 shares of the railroad operator’s stock valued at $13,045,000 after buying an additional 1,955 shares in 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 analyst reports. Barclays raised their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Morgan Stanley dropped their price target on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Evercore ISI dropped 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 research note on Friday. Susquehanna raised shares of Union Pacific from a “neutral” rating to a “positive” rating and lifted their target price for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. Finally, Argus raised shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.46.

Union Pacific Stock Up 1.9%

Shares of NYSE UNP opened at $224.71 on Monday. The stock has a market capitalization of $134.26 billion, a P/E ratio of 19.52, a P/E/G ratio of 2.24 and a beta of 1.05. The company has a 50-day moving average price of $227.17 and a 200-day moving average price of $231.02. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same period in the previous year, the company earned $2.74 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities 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 declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.46%. Union Pacific’s payout ratio is 46.57%.

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.