Union Pacific Corporation $UNP Stock Holdings Decreased by Stokes Capital Advisors LLC

Stokes Capital Advisors LLC reduced its position in Union Pacific Corporation (NYSE:UNP) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,803 shares of the railroad operator’s stock after selling 897 shares during the period. Stokes Capital Advisors LLC’s holdings in Union Pacific were worth $5,707,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC boosted its holdings in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC lifted its stake in 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 valued at $28,000 after acquiring an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific in the first quarter valued at approximately $32,000. WPG Advisers LLC acquired a new stake in Union Pacific in the first quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC lifted its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.1%

UNP opened at $216.06 on Wednesday. The firm’s 50-day simple moving average is $223.67 and its 200-day simple moving average is $225.51. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The firm has a market cap of $128.13 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.10 and a beta of 1.03.

Union Pacific (NYSE:UNP) last posted 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 net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same quarter in the prior year, the firm earned $2.74 EPS. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is currently 47.96%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and lifted their price target for the company from $214.00 to $227.00 in a research report on Tuesday. Evercore ISI dropped their price target on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Baird R W raised shares of Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $259.38.

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.