Union Pacific Co. (NYSE:UNP) Shares Bought by ICW Investment Advisors LLC

ICW Investment Advisors LLC grew its position in Union Pacific Co. (NYSE:UNP) by 1.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,488 shares of the railroad operator’s stock after purchasing an additional 55 shares during the period. ICW Investment Advisors LLC’s holdings in Union Pacific were worth $1,015,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of UNP. 9258 Wealth Management LLC boosted its holdings in shares of Union Pacific by 2.1% in the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock valued at $767,000 after acquiring an additional 65 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Union Pacific by 3.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 2,169 shares of the railroad operator’s stock valued at $533,000 after purchasing an additional 64 shares during the last quarter. Gryphon Financial Partners LLC grew its position in Union Pacific by 86.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock worth $594,000 after purchasing an additional 1,203 shares during the period. E Fund Management Co. Ltd. purchased a new position in shares of Union Pacific during the 4th quarter valued at about $202,000. Finally, Principal Securities Inc. acquired a new position in shares of Union Pacific in the 4th quarter valued at about $4,071,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on UNP. Sanford C. Bernstein dropped their target price on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Barclays dropped their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday. TD Cowen dropped their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Finally, Susquehanna cut their price objective on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Price Performance

UNP stock traded up $1.84 during mid-day trading on Friday, reaching $253.37. The company’s stock had a trading volume of 123,245 shares, compared to its average volume of 2,255,116. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The company’s 50 day moving average is $240.09 and its two-hundred day moving average is $239.36. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The stock has a market cap of $154.35 billion, a PE ratio of 24.00, a P/E/G ratio of 2.27 and a beta of 1.05.

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

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is 51.15%.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.28% of the company’s stock.

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.