Union Pacific Corporation $UNP is Ameriflex Group Inc.’s 7th Largest Position

Ameriflex Group Inc. grew its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 100.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,235 shares of the railroad operator’s stock after acquiring an additional 11,140 shares during the quarter. Union Pacific accounts for approximately 2.0% of Ameriflex Group Inc.’s holdings, making the stock its 7th biggest holding. Ameriflex Group Inc.’s holdings in Union Pacific were worth $5,256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Caitlin John LLC purchased a new position in Union Pacific during the third quarter valued at $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific in the 2nd quarter worth about $30,000. Financial Gravity Companies Inc. bought a new stake in Union Pacific in the second quarter worth $31,000. Total Investment Management Inc. purchased a new stake in shares of Union Pacific in the second quarter worth $31,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific in the 2nd quarter worth approximately $33,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent analyst reports. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings upgraded Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. TD Cowen dropped their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Barclays restated an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $263.77.

Union Pacific Stock Down 2.4%

Shares of UNP opened at $253.98 on Friday. The stock’s 50-day moving average price is $244.90 and its 200-day moving average price is $232.93. The company has a market capitalization of $150.71 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 2.84 and a beta of 0.95. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.91 earnings per share. On average, sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a dividend of $1.38 per share. The ex-dividend date 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 presently 46.12%.

About Union Pacific

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.