Boston Family Office LLC Has $29.15 Million Position in Union Pacific Corporation $UNP

Boston Family Office LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 0.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 126,670 shares of the railroad operator’s stock after selling 233 shares during the quarter. Union Pacific makes up approximately 1.9% of Boston Family Office LLC’s holdings, making the stock its 10th biggest holding. Boston Family Office LLC’s holdings in Union Pacific were worth $29,147,000 as of its most recent SEC filing.

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 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 purchasing an additional 112 shares in the last quarter. Financial Gravity Companies Inc. bought a new position in Union Pacific in the 2nd quarter valued at $31,000. Access Investment Management LLC bought a new position in Union Pacific in the 2nd quarter valued at $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at $33,000. Finally, GFG Capital LLC bought a new stake in shares of Union Pacific during the second quarter worth $38,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. TD Cowen decreased their price target on Union Pacific from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Citigroup upped their target price on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Susquehanna reiterated a “positive” rating and set a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Finally, UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Up 0.8%

Shares of NYSE UNP opened at $232.45 on Monday. 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 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The stock has a market cap of $137.88 billion, a P/E ratio of 19.75, a P/E/G ratio of 2.27 and a beta of 1.04. The firm has a 50 day moving average price of $225.97 and a 200 day moving average price of $225.16.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company had revenue of $6.24 billion for the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the business posted $2.75 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s payout ratio is currently 46.90%.

Union Pacific Company 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.