AMI Investment Management Inc. Grows Stock Holdings in Union Pacific Corporation $UNP

AMI Investment Management Inc. boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 3.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,970 shares of the railroad operator’s stock after buying an additional 467 shares during the period. AMI Investment Management Inc.’s holdings in Union Pacific were worth $3,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Pines Wealth Management LLC grew its holdings in shares of Union Pacific by 1.7% during the second 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 during the last quarter. Titleist Asset Management LLC lifted its position in Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares during the period. Five Oceans Advisors boosted its holdings in Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares during the last quarter. Stiles Financial Services Inc boosted its holdings in Union Pacific by 1.6% in the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after purchasing an additional 48 shares during the last quarter. Finally, Avalon Trust Co boosted its holdings in Union Pacific by 5.1% in the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after purchasing an additional 49 shares during 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 research analysts recently issued reports on UNP shares. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday. Morgan Stanley dropped 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. 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, October 3rd. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $250.00 to $285.00 in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $261.08.

Union Pacific Stock Up 0.4%

UNP opened at $232.72 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a market capitalization of $138.03 billion, a PE ratio of 20.22, a PEG ratio of 2.41 and a beta of 1.07. The firm’s 50 day simple moving average is $224.14 and its two-hundred day simple moving average is $224.57.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate 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 period last year, the firm earned $2.74 EPS. As a group, equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend 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 47.96%.

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.