Union Pacific Corporation $UNP Shares Acquired by Stevens Capital Partners

Stevens Capital Partners boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 31.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,408 shares of the railroad operator’s stock after buying an additional 8,954 shares during the period. Union Pacific comprises 3.0% of Stevens Capital Partners’ investment portfolio, making the stock its 9th largest holding. Stevens Capital Partners’ holdings in Union Pacific were worth $8,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of UNP. 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 worth $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Union Pacific during the 2nd quarter worth approximately $31,000. Access Investment Management LLC purchased a new position in Union Pacific during the 2nd quarter worth approximately $32,000. WPG Advisers LLC acquired a new stake in Union Pacific during the 1st quarter valued at $33,000. Finally, GFG Capital LLC purchased a new stake in shares of Union Pacific in the second quarter valued at $38,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.8%

NYSE:UNP opened at $230.97 on Thursday. The stock’s 50 day moving average price is $225.53 and its 200 day moving average price is $225.15. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a market capitalization of $137.00 billion, a P/E ratio of 19.62, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.75 earnings per share. On average, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be issued a $1.38 dividend. The ex-dividend date is Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. Union Pacific’s dividend payout ratio is currently 46.90%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. The Goldman Sachs Group set a $263.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Citigroup increased their price target on shares of Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific 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.