Union Pacific Corporation (NYSE:UNP) Shares Sold by Oxler Private Wealth LLC

Oxler Private Wealth LLC lowered its stake in Union Pacific Corporation (NYSE:UNP) by 2.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,665 shares of the railroad operator’s stock after selling 101 shares during the period. Oxler Private Wealth LLC’s holdings in Union Pacific were worth $1,102,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Loomis Sayles & Co. L P raised its stake in Union Pacific by 14.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 35,139 shares of the railroad operator’s stock valued at $8,013,000 after purchasing an additional 4,302 shares during the period. New Age Alpha Advisors LLC raised its stake in Union Pacific by 7,152.9% during the 4th quarter. New Age Alpha Advisors LLC now owns 5,077 shares of the railroad operator’s stock valued at $1,158,000 after purchasing an additional 5,007 shares during the period. Transamerica Financial Advisors Inc. raised its stake in Union Pacific by 2.7% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 4,051 shares of the railroad operator’s stock valued at $924,000 after purchasing an additional 106 shares during the period. American Money Management LLC raised its stake in Union Pacific by 1.3% during the 4th quarter. American Money Management LLC now owns 25,966 shares of the railroad operator’s stock valued at $5,921,000 after purchasing an additional 330 shares during the period. Finally, RWA Wealth Partners LLC raised its stake in Union Pacific by 4.1% during the 4th quarter. RWA Wealth Partners LLC now owns 116,916 shares of the railroad operator’s stock valued at $26,661,000 after purchasing an additional 4,592 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.9%

NYSE:UNP opened at $224.71 on Monday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The firm has a 50-day moving average of $227.17 and a 200-day moving average of $231.02. The company has a market cap of $134.26 billion, a PE ratio of 19.52, a PEG ratio of 2.24 and a beta of 1.05. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The company had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. Union Pacific’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.74 EPS. As a group, equities research analysts expect 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. Shareholders of record on Friday, August 29th will be given a dividend of $1.38 per share. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.46%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio is presently 46.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Robert W. Baird started coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. Barclays upped their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Bank of America increased their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a research note on Friday, May 16th. Wells Fargo & Company raised their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.46.

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.