Alliance Wealth Advisors LLC UT Purchases New Stake in Union Pacific Corporation $UNP

Key Points

• Alliance Wealth Advisors LLC UT has acquired a new stake in Union Pacific Corporation, purchasing 1,440 shares valued at approximately $340,000 during the first quarter.
• Union Pacific recently reported a quarterly earnings of $3.03 per share, beating analysts' estimates, with revenue rising 2.4% year-over-year to $6.15 billion.
• The company announced an increase in its quarterly dividend from $1.34 to $1.38 per share, marking a yield of 2.5% for shareholders.

Alliance Wealth Advisors LLC UT bought a new stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,440 shares of the railroad operator's stock, valued at approximately $340,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. First Financial Bank Trust Division raised its position in shares of Union Pacific by 1.7% in the 1st quarter. First Financial Bank Trust Division now owns 2,803 shares of the railroad operator's stock worth $662,000 after acquiring an additional 47 shares in the last quarter. Stiles Financial Services Inc grew its stake in Union Pacific by 1.6% during the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator's stock worth $700,000 after purchasing an additional 48 shares during the period. Avalon Trust Co increased its holdings in Union Pacific by 5.1% in the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator's stock worth $237,000 after purchasing an additional 49 shares in the last quarter. Mather Group LLC. lifted its stake in Union Pacific by 1.7% in the first quarter. Mather Group LLC. now owns 3,041 shares of the railroad operator's stock valued at $718,000 after buying an additional 50 shares during the period. Finally, Mystic Asset Management Inc. boosted its holdings in shares of Union Pacific by 2.2% during the 1st quarter. Mystic Asset Management Inc. now owns 2,359 shares of the railroad operator's stock worth $557,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Up 1.5%

Shares of NYSE UNP traded up $3.3690 during trading on Tuesday, hitting $223.4490. The stock had a trading volume of 4,899,191 shares, compared to its average volume of 5,460,096. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The firm has a fifty day moving average of $226.91 and a two-hundred day moving average of $229.05. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a market capitalization of $132.51 billion, a PE ratio of 19.41, a PEG ratio of 2.14 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.74 EPS. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.5%. Union Pacific's dividend payout ratio (DPR) is 46.57%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Sanford C. Bernstein lifted their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Jefferies Financial Group upgraded shares of Union Pacific from a "hold" rating to a "buy" rating and raised their price target for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Barclays lowered shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. Argus downgraded Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, August 12th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $258.21.

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.