Union Pacific Corporation $UNP Stock Position Raised by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 97.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,145 shares of the railroad operator’s stock after acquiring an additional 7,969 shares during the quarter. Cary Street Partners Financial LLC’s holdings in Union Pacific were worth $3,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Acadian Asset Management LLC increased its position in Union Pacific by 40.4% in the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after buying an additional 665 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after acquiring an additional 102 shares during the last quarter. Brookwood Investment Group LLC increased its holdings in shares of Union Pacific by 9.6% in the 2nd quarter. Brookwood Investment Group LLC now owns 1,773 shares of the railroad operator’s stock worth $408,000 after acquiring an additional 156 shares during the period. Advisory Alpha LLC lifted its position in Union Pacific by 6.2% in the 2nd quarter. Advisory Alpha LLC now owns 2,418 shares of the railroad operator’s stock valued at $556,000 after purchasing an additional 142 shares during the last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in Union Pacific by 10.3% during the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 6,483 shares of the railroad operator’s stock valued at $1,492,000 after purchasing an additional 604 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on UNP. TD Cowen dropped their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Citigroup reissued a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a $295.00 target price on shares of Union Pacific in a research note on Thursday, February 19th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Finally, Raymond James Financial restated 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, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $260.14.

Union Pacific Stock Down 0.8%

UNP stock opened at $264.53 on Thursday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $267.88. The firm has a market cap of $156.97 billion, a PE ratio of 22.10, a P/E/G ratio of 2.91 and a beta of 0.98. The firm has a 50 day simple moving average of $240.85 and a 200 day simple moving average of $230.93. 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 posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the firm posted $2.91 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given 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 dividend yield of 2.1%. Union Pacific’s payout ratio is 46.12%.

Union Pacific Company 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.