Core Wealth Partners LLC Buys 118 Shares of Union Pacific Co. (NYSE:UNP)

Core Wealth Partners LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 2.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,326 shares of the railroad operator’s stock after purchasing an additional 118 shares during the quarter. Union Pacific makes up approximately 0.8% of Core Wealth Partners LLC’s investment portfolio, making the stock its 26th largest holding. Core Wealth Partners LLC’s holdings in Union Pacific were worth $1,064,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. OLD Point Trust & Financial Services N A bought a new position in Union Pacific during the fourth quarter worth about $25,000. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at approximately $26,000. Raleigh Capital Management Inc. boosted its stake in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares in the last quarter. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $28,000. Finally, Scarborough Advisors LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $29,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 0.0 %

UNP stock traded up $0.07 during midday trading on Thursday, reaching $225.57. 1,219,762 shares of the company’s stock traded hands, compared to its average volume of 2,259,866. The company has a market cap of $137.63 billion, a price-to-earnings ratio of 21.52, a P/E/G ratio of 1.92 and a beta of 1.07. The firm’s fifty day moving average price is $232.77 and its 200-day moving average price is $239.98. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 for 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 business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.67 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently commented on UNP shares. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Jefferies Financial Group started coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. Finally, TD Cowen lifted their target price on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $258.92.

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.