Vanguard Personalized Indexing Management LLC Increases Holdings in Union Pacific Co. (NYSE:UNP)

Vanguard Personalized Indexing Management LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 51,689 shares of the railroad operator’s stock after acquiring an additional 397 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Union Pacific were worth $11,674,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in UNP. OLD Point Trust & Financial Services N A purchased a new position in shares of Union Pacific in the fourth quarter valued at about $25,000. Richardson Capital Management LLC purchased a new position in shares of Union Pacific in the first quarter valued at about $26,000. Raleigh Capital Management Inc. increased its holdings in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares during the last quarter. Cultivar Capital Inc. bought a new stake in shares of Union Pacific in the second quarter worth about $27,000. Finally, Scarborough Advisors LLC bought a new stake in shares of Union Pacific in the fourth quarter worth about $29,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Up 0.4 %

Shares of NYSE UNP opened at $253.55 on Wednesday. The firm has a market cap of $154.70 billion, a price-to-earnings ratio of 24.19, a PEG ratio of 2.20 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The business’s 50 day moving average is $244.22 and its two-hundred day moving average is $239.08.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.57 earnings per share. Research analysts predict that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.11%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is presently 51.15%.

Analyst Ratings Changes

UNP has been the topic of several research reports. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Barclays reduced their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Stifel Nicolaus reduced their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Wells Fargo & Company started coverage on Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective on the stock. Finally, TD Cowen reduced their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.79.

About Union Pacific

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.