Union Pacific Corporation $UNP Shares Acquired by Hall Capital Management Co. Inc.

Hall Capital Management Co. Inc. increased its stake in Union Pacific Corporation (NYSE:UNP) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,360 shares of the railroad operator’s stock after acquiring an additional 225 shares during the period. Union Pacific makes up 1.4% of Hall Capital Management Co. Inc.’s investment portfolio, making the stock its 23rd largest position. Hall Capital Management Co. Inc.’s holdings in Union Pacific were worth $3,304,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of UNP. Pines Wealth Management LLC raised its stake in shares of Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after purchasing an additional 43 shares in the last quarter. Titleist Asset Management LLC raised its stake in shares of Union Pacific by 1.1% during the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after purchasing an additional 44 shares in the last quarter. Five Oceans Advisors raised its stake in shares of Union Pacific by 3.9% during the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 44 shares in the last quarter. Stiles Financial Services Inc raised its stake in shares of Union Pacific by 1.6% during the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after purchasing an additional 48 shares in the last quarter. Finally, Avalon Trust Co raised its position in Union Pacific by 5.1% in the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after acquiring an additional 49 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

NYSE UNP opened at $232.11 on Wednesday. The stock’s 50-day moving average price is $223.99 and its two-hundred day moving average price is $224.51. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The company has a market cap of $137.67 billion, a PE ratio of 20.17, a PEG ratio of 2.47 and a beta of 1.07. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.74 EPS. On average, analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Royal Bank Of Canada boosted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Sanford C. Bernstein boosted their price target on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Robert W. Baird assumed coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. Finally, Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.54.

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.