Union Pacific Corporation $UNP Shares Purchased by Segment Wealth Management LLC

Segment Wealth Management LLC increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 2.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,306 shares of the railroad operator’s stock after acquiring an additional 1,442 shares during the period. Segment Wealth Management LLC’s holdings in Union Pacific were worth $13,415,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UNP. Breakwater Capital Group grew its holdings in Union Pacific by 65.7% during the first quarter. Breakwater Capital Group now owns 1,471 shares of the railroad operator’s stock worth $348,000 after acquiring an additional 583 shares during the period. Vest Financial LLC grew its holdings in Union Pacific by 45.4% in the first quarter. Vest Financial LLC now owns 6,992 shares of the railroad operator’s stock valued at $1,652,000 after purchasing an additional 2,183 shares during the last quarter. Foster Group Inc. acquired a new stake in Union Pacific in the first quarter valued at $251,000. Curat Global LLC acquired a new stake in Union Pacific in the first quarter valued at $287,000. Finally, Pinnacle Wealth Management Group Inc. acquired a new stake in Union Pacific in the first quarter valued at $200,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a report on Saturday, September 27th. Wells Fargo & Company upped their target price on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. BMO Capital Markets upped their target price on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Barclays lowered Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Finally, Morgan Stanley lowered their target price on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $260.54.

Union Pacific Stock Up 0.9%

UNP opened at $236.60 on Friday. The business’s fifty day simple moving average is $223.67 and its 200 day simple moving average is $224.59. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The firm has a market cap of $140.33 billion, a P/E ratio of 20.56, a PEG ratio of 2.44 and a beta of 1.07. 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 released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the business posted $2.74 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

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

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.