Crossmark Global Holdings Inc. Acquires 2,408 Shares of Union Pacific Corporation $UNP

Crossmark Global Holdings Inc. increased its holdings in Union Pacific Corporation (NYSE:UNP) by 7.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,703 shares of the railroad operator’s stock after buying an additional 2,408 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Union Pacific were worth $7,730,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC increased its holdings in Union Pacific by 1.6% during the third quarter. Orion Porfolio Solutions LLC now owns 57,325 shares of the railroad operator’s stock valued at $13,550,000 after buying an additional 880 shares during the last quarter. Advisory Alpha LLC raised its position in Union Pacific by 25.5% in the third quarter. Advisory Alpha LLC now owns 3,034 shares of the railroad operator’s stock worth $712,000 after acquiring an additional 616 shares during the period. IFG Advisory LLC boosted its stake in shares of Union Pacific by 24.4% during the 3rd quarter. IFG Advisory LLC now owns 2,291 shares of the railroad operator’s stock worth $542,000 after acquiring an additional 449 shares during the last quarter. Davidson Capital Management Inc. purchased a new position in shares of Union Pacific during the 3rd quarter worth $218,000. Finally, GW&K Investment Management LLC grew its position in shares of Union Pacific by 5.7% during the 3rd quarter. GW&K Investment Management LLC now owns 1,079 shares of the railroad operator’s stock valued at $255,000 after acquiring an additional 58 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. TD Cowen reduced their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. JPMorgan Chase & Co. cut their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $263.77.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $253.98 on Friday. The stock has a market cap of $150.71 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 2.84 and a beta of 0.95. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $268.14. The firm has a fifty day moving average price of $244.90 and a 200-day moving average price of $232.93. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.91 EPS. Equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

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.