Union Pacific Co. (NYSE:UNP) Shares Bought by Albion Financial Group UT

Albion Financial Group UT increased its holdings in Union Pacific Co. (NYSE:UNP) by 0.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,877 shares of the railroad operator’s stock after acquiring an additional 162 shares during the quarter. Albion Financial Group UT’s holdings in Union Pacific were worth $8,823,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in Union Pacific in the 4th quarter valued at $1,832,127,000. Wellington Management Group LLP grew its position in Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after buying an additional 19,145 shares during the last quarter. Capital Research Global Investors grew its position in Union Pacific by 23.1% in the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after buying an additional 1,285,144 shares during the last quarter. Fisher Asset Management LLC grew its position in Union Pacific by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after buying an additional 125,522 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Union Pacific by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock valued at $1,351,937,000 after buying an additional 364,029 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on UNP. Susquehanna decreased their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Wells Fargo & Company began coverage on shares of Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 target price on the stock. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. The Goldman Sachs Group boosted their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Finally, Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $258.92.

Union Pacific Trading Up 0.0 %

UNP traded up $0.07 on Wednesday, reaching $225.57. 1,219,761 shares of the company’s stock were exchanged, compared to its average volume of 2,295,574. The company’s 50 day moving average is $232.90 and its 200-day moving average is $240.08. The company has a market cap of $137.62 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.92 and a beta of 1.07. Union Pacific Co. has a twelve month low of $199.33 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.67 EPS. Equities analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date was Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

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.