Stiles Financial Services Inc Has $820,000 Stake in Union Pacific Corporation $UNP

Stiles Financial Services Inc raised its position in Union Pacific Corporation (NYSE:UNP) by 20.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,562 shares of the railroad operator’s stock after purchasing an additional 599 shares during the quarter. Stiles Financial Services Inc’s holdings in Union Pacific were worth $820,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Highline Wealth Partners LLC increased its position in shares of Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its position in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific in the first quarter valued at about $32,000. WPG Advisers LLC acquired a new position in Union Pacific during the first quarter worth approximately $33,000. Finally, GFG Capital LLC acquired a new position in Union Pacific during the second quarter worth approximately $38,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.5%

Shares of NYSE:UNP opened at $231.44 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The stock has a market cap of $137.27 billion, a PE ratio of 20.11, a P/E/G ratio of 2.42 and a beta of 1.07. The business has a 50 day moving average of $224.32 and a 200-day moving average of $224.54. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the previous year, the company posted $2.74 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. Union Pacific’s dividend payout ratio is presently 47.96%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UNP. UBS Group set a $253.00 price target on Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Morgan Stanley lowered their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $250.00 to $251.00 in a research report on Monday, September 15th. JPMorgan Chase & Co. lowered their price target on Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $261.08.

Union Pacific Company 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.