Union Pacific Corporation $UNP Position Boosted by Lmcg Investments LLC

Lmcg Investments LLC grew its position in shares of Union Pacific Corporation (NYSE:UNP) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 39,645 shares of the railroad operator’s stock after purchasing an additional 4,286 shares during the quarter. Lmcg Investments LLC’s holdings in Union Pacific were worth $10,789,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of UNP. Diligent Investors LLC raised its position in Union Pacific by 18.9% in the third quarter. Diligent Investors LLC now owns 2,179 shares of the railroad operator’s stock worth $593,000 after acquiring an additional 347 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in Union Pacific by 0.7% in the 3rd quarter. Magnus Financial Group LLC now owns 6,358 shares of the railroad operator’s stock valued at $1,730,000 after acquiring an additional 47 shares during the last quarter. Kings Path Partners LLC acquired a new stake in Union Pacific in the 3rd quarter valued at about $40,000. Sowell Financial Services LLC lifted its holdings in Union Pacific by 9.4% in the 3rd quarter. Sowell Financial Services LLC now owns 7,847 shares of the railroad operator’s stock valued at $2,135,000 after acquiring an additional 676 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in shares of Union Pacific by 0.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 26,268 shares of the railroad operator’s stock valued at $7,417,000 after purchasing an additional 117 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.1%

Shares of Union Pacific stock opened at $287.85 on Thursday. The stock’s fifty day moving average is $287.41 and its 200-day moving average is $277.80. The firm has a market capitalization of $171.01 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of 2.86 and a beta of 0.95. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Union Pacific Corporation has a 12-month low of $215.53 and a 12-month high of $315.99.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating the consensus estimate of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same period in the prior year, the business posted $3.03 earnings per share. Union Pacific’s revenue was up 11.5% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Corporation will post 13.05 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, August 31st were paid a $1.42 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio (DPR) is 45.99%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UNP. Royal Bank Of Canada set a $326.00 price objective on shares of Union Pacific in a research note on Thursday, September 24th. Evercore reiterated an “outperform” rating and issued a $294.00 target price on shares of Union Pacific in a report on Thursday, June 25th. Erste Group Bank began coverage on shares of Union Pacific in a research note on Thursday, August 27th. They set a “buy” rating for the company. Barclays restated an “overweight” rating and set a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Finally, Bank of America raised their target price on shares of Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $325.00.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.