Union Pacific Corporation $UNP Stake Lifted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its stake in Union Pacific Corporation (NYSE:UNP) by 40.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 5,007 shares of the railroad operator’s stock after acquiring an additional 1,452 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Union Pacific were worth $1,152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Highline Wealth Partners LLC boosted its holdings in shares of Union Pacific by 103.5% in the first 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 boosted its holdings in shares of Union Pacific by 1,400.0% in the first 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. bought a new stake in Union Pacific during the first quarter worth approximately $32,000. WPG Advisers LLC bought a new stake in Union Pacific during the first quarter worth approximately $33,000. Finally, Cornerstone Planning Group LLC boosted its holdings in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after buying an additional 56 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 2.2%

Union Pacific stock opened at $232.11 on Wednesday. The company has a 50 day moving average price of $223.99 and a 200 day moving average price of $224.51. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market capitalization of $137.67 billion, a price-to-earnings ratio of 20.17, a P/E/G ratio of 2.47 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the business posted $2.74 EPS. The company’s revenue was up 2.4% on a year-over-year basis. Research analysts forecast 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 was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is currently 47.96%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Baird R W upgraded shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Robert W. Baird assumed coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price for the company. UBS Group set a $253.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Friday. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Finally, Wells Fargo & Company raised their target price on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $260.54.

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.