Stevens Capital Partners Acquires Shares of 36,270 Union Pacific Corporation $UNP

Stevens Capital Partners bought a new stake in shares of Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 36,270 shares of the railroad operator’s stock, valued at approximately $9,866,000. Union Pacific makes up about 1.9% of Stevens Capital Partners’ investment portfolio, making the stock its 9th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tucker Asset Management LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. SWAN Capital LLC boosted its holdings in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in Union Pacific in the 4th quarter worth about $25,000. High Point Wealth Management LLC purchased a new stake in Union Pacific during the 4th quarter worth approximately $26,000. Finally, Scarborough Advisors LLC purchased a new stake in Union Pacific during the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by company insiders.

Union Pacific Trading Up 1.0%

Shares of Union Pacific stock opened at $301.69 on Thursday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The company has a market capitalization of $179.23 billion, a P/E ratio of 24.43, a PEG ratio of 3.05 and a beta of 0.96. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $315.99. The company’s fifty day moving average is $284.87 and its two-hundred day moving average is $266.83.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The firm had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. Union Pacific’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the business earned $3.03 earnings per share. Analysts forecast that Union Pacific Corporation will post 12.93 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 annualized dividend and a yield of 1.9%. Union Pacific’s dividend payout ratio is presently 44.70%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Evercore reaffirmed an “outperform” rating and set a $294.00 price objective on shares of Union Pacific in a research note on Thursday, June 25th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Bank of America raised their target price on shares of Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Citizens Jmp initiated coverage on Union Pacific in a report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $320.89.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.