Capital Asset Advisory Services LLC Has $3.48 Million Stock Holdings in Union Pacific Corporation $UNP

Capital Asset Advisory Services LLC grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 16.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,736 shares of the railroad operator’s stock after acquiring an additional 2,095 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Union Pacific were worth $3,483,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of UNP. Park National Corp OH increased its stake in Union Pacific by 0.9% during the 3rd quarter. Park National Corp OH now owns 12,159 shares of the railroad operator’s stock valued at $2,874,000 after purchasing an additional 112 shares in the last quarter. Jacobs & Co. CA raised its holdings in shares of Union Pacific by 2.7% in the 3rd quarter. Jacobs & Co. CA now owns 61,701 shares of the railroad operator’s stock worth $14,584,000 after acquiring an additional 1,599 shares during the last quarter. American National Bank of Texas bought a new position in Union Pacific in the 3rd quarter valued at about $236,000. Farmers Trust Co. lifted its position in Union Pacific by 52.0% in the 3rd quarter. Farmers Trust Co. now owns 24,879 shares of the railroad operator’s stock valued at $5,881,000 after acquiring an additional 8,508 shares in the last quarter. Finally, Praxis Investment Management Inc. boosted its stake in Union Pacific by 7.7% during the 3rd quarter. Praxis Investment Management Inc. now owns 15,791 shares of the railroad operator’s stock valued at $3,733,000 after purchasing an additional 1,130 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UNP has been the subject of several analyst reports. Susquehanna reissued a “positive” rating and issued a $272.00 price objective (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. JPMorgan Chase & Co. increased their price target on Union Pacific from $265.00 to $267.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and lifted their price objective for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. BMO Capital Markets lowered their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Finally, Cowen reissued 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, fifteen have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.54.

Union Pacific Stock Up 0.3%

UNP opened at $240.72 on Tuesday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company’s 50-day moving average price is $226.45 and its two-hundred day moving average price is $225.94. The stock has a market cap of $142.78 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 2.66 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $6.24 billion. During the same quarter in the previous year, the firm posted $2.75 EPS. Union Pacific’s revenue was up 2.5% on a year-over-year basis. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be paid a $1.38 dividend. The ex-dividend date is Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s payout ratio is presently 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.