Prime Capital Investment Advisors LLC increased its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 19.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,349 shares of the railroad operator’s stock after purchasing an additional 10,297 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Union Pacific were worth $14,974,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Group LLC increased its position in Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after purchasing an additional 45 shares in the last quarter. St. Johns Investment Management Company LLC boosted its holdings in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after acquiring an additional 46 shares in the last quarter. Hanson & Doremus Investment Management grew its position in Union Pacific by 2.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after acquiring an additional 46 shares during the last quarter. Silver Oak Securities Incorporated raised its position in Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares during the last quarter. Finally, Schubert & Co boosted its stake in shares of Union Pacific by 1.9% during the second quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after purchasing an additional 47 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Trading Up 0.2%
UNP traded up $0.45 during trading on Friday, hitting $251.90. The company’s stock had a trading volume of 161,469 shares, compared to its average volume of 3,558,646. The firm has a market capitalization of $149.42 billion, a P/E ratio of 20.99, a PEG ratio of 2.72 and a beta of 0.98. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.20. The stock’s fifty day moving average price is $233.45 and its 200-day moving average price is $227.25. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.
Union Pacific Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a report on Thursday, December 11th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $258.32.
Check Out Our Latest Stock Report on Union Pacific
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.
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