Phillips Wealth Planners LLC Buys 346 Shares of Union Pacific Corporation (NYSE:UNP)

Phillips Wealth Planners LLC raised its stake in shares of Union Pacific Corporation (NYSE:UNP) by 20.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,042 shares of the railroad operator’s stock after purchasing an additional 346 shares during the quarter. Phillips Wealth Planners LLC’s holdings in Union Pacific were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Allred Capital Management LLC lifted its position in Union Pacific by 0.5% during the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after purchasing an additional 40 shares during the last quarter. Palogic Value Management L.P. lifted its holdings in shares of Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after acquiring an additional 42 shares during the last quarter. Mystic Asset Management Inc. lifted its holdings in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock worth $527,000 after acquiring an additional 45 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares during the last quarter. Finally, Ironwood Investment Counsel LLC lifted its holdings in shares of Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock worth $789,000 after acquiring an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Down 0.4%

Shares of NYSE UNP opened at $226.90 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The firm has a market capitalization of $135.57 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05. The firm has a fifty day simple moving average of $221.70 and a two-hundred day simple moving average of $230.78.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the company posted $2.69 earnings per share. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. Equities analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.36%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on UNP shares. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. Stephens lowered their price objective on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. Susquehanna upgraded shares of Union Pacific from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $245.00 to $260.00 in a report on Tuesday. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.39.

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.