Smith Chas P & Associates PA Cpas Has $16.41 Million Stock Holdings in Union Pacific Corporation $UNP

Smith Chas P & Associates PA Cpas boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 11.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 69,432 shares of the railroad operator’s stock after purchasing an additional 7,256 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in Union Pacific were worth $16,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Prestige Wealth Management Group LLC boosted its position in shares of Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after acquiring an additional 45 shares during the period. Howard Capital Management Group LLC increased its position in Union Pacific by 2.0% during the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after acquiring an additional 45 shares during the period. CFO4Life Group LLC raised its stake in Union Pacific by 1.2% during the 3rd quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock valued at $887,000 after purchasing an additional 46 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in Union Pacific by 4.5% during the 3rd 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, Hanson & Doremus Investment Management boosted its holdings in Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $265.46 on Wednesday. The firm has a market capitalization of $157.52 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 2.91 and a beta of 0.95. 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 Corporation has a 12-month low of $204.66 and a 12-month high of $268.14. The firm has a 50-day moving average price of $243.36 and a 200 day moving average price of $232.27.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same quarter in the prior year, the company posted $2.91 earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. Research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio is 46.12%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on UNP shares. TD Cowen decreased 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 report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a research report on Thursday, December 11th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Finally, Citigroup reissued a “buy” rating and set a $270.00 price objective (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.14.

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.