Triad Wealth Partners LLC Boosts Stock Position in Union Pacific Corporation $UNP

Triad Wealth Partners LLC increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 16.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,748 shares of the railroad operator’s stock after buying an additional 244 shares during the period. Triad Wealth Partners LLC’s holdings in Union Pacific were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. LGT Group Foundation lifted its stake in Union Pacific by 9.7% in the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after buying an additional 477 shares in the last quarter. Nuveen LLC acquired a new position in shares of Union Pacific during the first quarter valued at approximately $988,822,000. SlateStone Wealth LLC lifted its position in shares of Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after acquiring an additional 772 shares in the last quarter. Meadow Creek Wealth Advisors LLC boosted its stake in shares of Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after acquiring an additional 359 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after acquiring an additional 1,520 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on UNP shares. Morgan Stanley reduced their price objective on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research note on Saturday, September 27th. Susquehanna restated a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $260.54.

Union Pacific Trading Up 0.9%

Shares of UNP opened at $236.60 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The firm has a market capitalization of $140.33 billion, a P/E ratio of 20.56, a P/E/G ratio of 2.44 and a beta of 1.07. The firm has a 50-day moving average price of $223.67 and a 200 day moving average price of $224.59. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $6.09 billion. During the same period in the previous year, the business posted $2.74 EPS. Union Pacific’s revenue was up 2.4% on a year-over-year basis. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. Union Pacific’s payout ratio is 47.96%.

About Union Pacific

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.