Fiduciary Alliance LLC Purchases 11,397 Shares of Union Pacific Co. (NYSE:UNP)

Fiduciary Alliance LLC lifted its position in Union Pacific Co. (NYSE:UNP) by 1,213.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,336 shares of the railroad operator’s stock after buying an additional 11,397 shares during the period. Fiduciary Alliance LLC’s holdings in Union Pacific were worth $3,001,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities research analysts have issued reports on UNP shares. TD Cowen raised their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Loop Capital downgraded 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 report on Monday, June 17th. Benchmark lifted their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group boosted their price target 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, Morgan Stanley boosted their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.92.

Union Pacific Price Performance

Union Pacific stock traded up $2.79 during midday trading on Friday, reaching $226.26. The company had a trading volume of 3,492,610 shares, compared to its average volume of 2,420,808. The company has a market capitalization of $138.05 billion, a P/E ratio of 21.59, a P/E/G ratio of 1.84 and a beta of 1.05. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The firm’s fifty day simple moving average is $233.31 and its 200-day simple moving average is $240.30.

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

Union Pacific Dividend Announcement

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

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.