YHB Investment Advisors Inc. Lowers Holdings in Union Pacific Corporation $UNP

YHB Investment Advisors Inc. cut its position in Union Pacific Corporation (NYSE:UNP) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,846 shares of the railroad operator’s stock after selling 435 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Union Pacific were worth $8,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of UNP. Pines Wealth Management LLC raised its position in shares of Union Pacific by 1.7% during the 2nd quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after buying an additional 43 shares in the last quarter. Titleist Asset Management LLC raised its position in shares of Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after buying an additional 44 shares in the last quarter. First Financial Bank Trust Division raised its position in shares of Union Pacific by 1.7% during the 1st quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator’s stock valued at $662,000 after buying an additional 47 shares in the last quarter. Stiles Financial Services Inc raised its position in shares of Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co raised its position in shares of Union Pacific by 5.1% during the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after buying an additional 49 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on UNP. Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective on the stock. Susquehanna reduced their target price on shares of Union Pacific from $260.00 to $257.00 and set a “positive” rating on the stock in a report on Wednesday, July 30th. Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and increased their target price for the company from $214.00 to $227.00 in a report on Tuesday. Finally, Morgan Stanley reduced their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $259.38.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $220.43 on Friday. The firm has a market cap of $130.72 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.11 and a beta of 1.03. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The company’s fifty day simple moving average is $222.94 and its two-hundred day simple moving average is $225.28.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.74 EPS. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

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

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.