AMI Investment Management Inc. Purchases 210 Shares of Union Pacific Co. (NYSE:UNP)

AMI Investment Management Inc. grew its position in shares of Union Pacific Co. (NYSE:UNP) by 1.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,870 shares of the railroad operator’s stock after purchasing an additional 210 shares during the period. Union Pacific comprises about 1.3% of AMI Investment Management Inc.’s holdings, making the stock its 28th largest holding. AMI Investment Management Inc.’s holdings in Union Pacific were worth $3,657,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A bought a new stake in Union Pacific during the fourth quarter worth about $25,000. Richardson Capital Management LLC bought a new stake in Union Pacific during the first quarter worth about $26,000. Raleigh Capital Management Inc. lifted its stake in Union Pacific by 211.4% during 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. Valued Wealth Advisors LLC bought a new stake in Union Pacific during the fourth quarter worth about $28,000. Finally, Scarborough Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at about $29,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on UNP shares. Evercore ISI boosted their target price on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and lowered their target price for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Susquehanna lowered their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Tuesday, June 25th. TD Cowen boosted their target price on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Finally, Benchmark boosted their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $258.92.

Union Pacific Stock Up 1.2 %

UNP traded up $2.79 during trading on Friday, hitting $226.26. 3,492,610 shares of the company’s stock traded hands, compared to its average volume of 2,420,808. The company’s 50 day simple moving average is $233.31 and its two-hundred day simple moving average is $240.32. The stock has a market capitalization of $138.05 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 1.84 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66.

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

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were issued a dividend of $1.30 per share. The ex-dividend date was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.30%. Union Pacific’s payout ratio is 49.62%.

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.