New Age Alpha Advisors LLC Has $10.24 Million Stake in Union Pacific Corporation (NYSE:UNP)

New Age Alpha Advisors LLC lifted its position in shares of Union Pacific Corporation (NYSE:UNP) by 753.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,334 shares of the railroad operator’s stock after purchasing an additional 38,257 shares during the period. New Age Alpha Advisors LLC’s holdings in Union Pacific were worth $10,237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Wills Financial Group LLC bought a new position in shares of Union Pacific during the first quarter worth approximately $6,034,000. ING Groep NV bought a new position in shares of Union Pacific during the first quarter worth approximately $46,507,000. NewEdge Wealth LLC increased its stake in shares of Union Pacific by 7.1% during the first quarter. NewEdge Wealth LLC now owns 115,440 shares of the railroad operator’s stock worth $27,271,000 after purchasing an additional 7,676 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Union Pacific by 3.8% during the first quarter. Commonwealth Equity Services LLC now owns 226,270 shares of the railroad operator’s stock worth $53,454,000 after purchasing an additional 8,381 shares during the period. Finally, Avalon Trust Co increased its stake in shares of Union Pacific by 5.1% during the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 49 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $222.03 on Tuesday. The firm’s fifty day moving average price is $227.03 and its two-hundred day moving average price is $230.75. The stock has a market cap of $131.67 billion, a PE ratio of 19.29, a PEG ratio of 2.14 and a beta of 1.06. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 company had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the firm posted $2.74 earnings per share. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is presently 47.96%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Baird R W upgraded Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. BMO Capital Markets raised their target price on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Stifel Nicolaus lowered their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. 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 report on Monday, April 28th. Finally, Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $250.00 to $285.00 in a report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $258.21.

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.