Everpar Advisors LLC Increases Holdings in Union Pacific Corporation $UNP

Everpar Advisors LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,455 shares of the railroad operator’s stock after buying an additional 85 shares during the period. Everpar Advisors LLC’s holdings in Union Pacific were worth $335,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Nuveen LLC bought a new position in Union Pacific in the first quarter worth about $988,822,000. GAMMA Investing LLC lifted its holdings in Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock worth $588,510,000 after acquiring an additional 2,482,126 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Union Pacific by 35.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock worth $1,133,053,000 after acquiring an additional 1,294,643 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after acquiring an additional 850,025 shares during the last quarter. Finally, Auto Owners Insurance Co lifted its holdings in Union Pacific by 61,054.6% in the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after acquiring an additional 623,978 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.1%

Union Pacific stock opened at $216.06 on Wednesday. The company has a 50 day moving average price of $223.67 and a 200 day moving average price of $225.51. 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 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market capitalization of $128.13 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 2.10 and a beta of 1.03.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the firm earned $2.74 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. Research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is currently 47.96%.

Analyst Ratings Changes

Several equities research analysts have commented on UNP shares. Royal Bank Of Canada raised their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Robert W. Baird started coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. Sanford C. Bernstein raised their price target on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and raised their price target for the company from $250.00 to $251.00 in a research note on Monday. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.38.

Union Pacific 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.