Hantz Financial Services Inc. Boosts Position in Union Pacific Co. (NYSE:UNP)

Hantz Financial Services Inc. grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,891 shares of the railroad operator’s stock after buying an additional 834 shares during the period. Hantz Financial Services Inc.’s holdings in Union Pacific were worth $15,501,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in UNP. Fairhaven Wealth Management LLC boosted its holdings in Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares during the period. Chesapeake Wealth Management boosted its holdings in Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the period. Azzad Asset Management Inc. ADV boosted its holdings in Union Pacific by 0.5% during the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after acquiring an additional 44 shares during the period. Montecito Bank & Trust lifted its holdings in shares of Union Pacific by 0.4% in the 2nd quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock worth $2,691,000 after buying an additional 45 shares during the period. Finally, Traveka Wealth LLC lifted its holdings in shares of Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after buying an additional 45 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.2 %

Shares of NYSE:UNP opened at $245.23 on Friday. The business’s 50-day moving average is $240.13 and its 200 day moving average is $238.56. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The firm has a market capitalization of $148.67 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.43 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.51 earnings per share. On average, research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio is presently 49.22%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UNP. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Bank of America lowered their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus lowered their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Finally, BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.