Union Pacific Corporation $UNP Shares Purchased by Werlinich Asset Management LLC

Werlinich Asset Management LLC boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 0.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,745 shares of the railroad operator’s stock after purchasing an additional 50 shares during the quarter. Union Pacific comprises approximately 4.6% of Werlinich Asset Management LLC’s portfolio, making the stock its 4th biggest position. Werlinich Asset Management LLC’s holdings in Union Pacific were worth $8,454,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Nuveen LLC purchased a new stake in Union Pacific in the first quarter valued at approximately $988,822,000. GAMMA Investing LLC lifted its stake in Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after buying an additional 2,482,126 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Union Pacific by 35.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock valued at $1,133,053,000 after buying an additional 1,294,643 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Union Pacific by 29.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after buying an additional 850,025 shares during the last quarter. Finally, Auto Owners Insurance Co lifted its stake in Union Pacific by 61,054.6% in the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after buying an additional 623,978 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in 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. Barclays cut Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. UBS Group boosted their price objective on Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, July 25th. Susquehanna reduced their price objective on Union Pacific from $260.00 to $257.00 and set a “positive” rating for the company in a research note on Wednesday, July 30th. Finally, BMO Capital Markets upped their price target on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.38.

Union Pacific Stock Down 0.1%

UNP opened at $216.06 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm has a market cap of $128.13 billion, a P/E ratio of 18.77, a PEG ratio of 2.10 and a beta of 1.03. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The business’s fifty day simple moving average is $223.67 and its 200 day simple moving average is $225.51.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates 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 last year, the company earned $2.74 earnings per share. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.6%. Union Pacific’s dividend payout ratio is 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.