Global Retirement Partners LLC acquired a new position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 21,773 shares of the railroad operator’s stock, valued at approximately $5,010,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CBIZ Investment Advisory Services LLC increased its position 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 worth $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the second quarter worth about $31,000. Access Investment Management LLC acquired a new stake in Union Pacific during the second quarter worth about $32,000. WPG Advisers LLC bought a new position in Union Pacific in the 1st quarter valued at about $33,000. Finally, GFG Capital LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at approximately $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Stock Down 0.8%
Shares of UNP opened at $224.52 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The stock has a market capitalization of $133.18 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 2.27 and a beta of 1.04. The stock has a fifty day moving average of $224.99 and a 200-day moving average of $225.02.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is 46.90%.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Finally, Cowen restated a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.
Get Our Latest Analysis on UNP
Union Pacific 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.
Read More
- Five stocks we like better than Union Pacific
- High Flyers: 3 Natural Gas Stocks for March 2022
- D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- Hims, Block, and NRG Just Launched Huge Stock Buybacks
- Technology Stocks Explained: Here’s What to Know About Tech
- Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
