Union Pacific Corporation $UNP Holdings Trimmed by V Square Quantitative Management LLC

V Square Quantitative Management LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,908 shares of the railroad operator’s stock after selling 157 shares during the period. V Square Quantitative Management LLC’s holdings in Union Pacific were worth $2,740,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UNP. Highline Wealth Partners LLC grew its holdings in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its holdings in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific during the 1st quarter valued at $32,000. WPG Advisers LLC purchased a new position in shares of Union Pacific during the 1st quarter valued at $33,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on UNP shares. Royal Bank Of Canada boosted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Evercore ISI reduced their price objective 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, July 25th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $260.00.

Union Pacific Stock Up 1.4%

Union Pacific stock opened at $235.14 on Monday. The firm has a market cap of $139.45 billion, a price-to-earnings ratio of 20.43, a P/E/G ratio of 2.45 and a beta of 1.03. 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 Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The firm has a fifty day moving average price of $222.73 and a two-hundred day moving average price of $224.47.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion during 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 business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.74 EPS. As a group, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

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.