CW Advisors LLC Has $6.43 Million Stock Holdings in Union Pacific Corporation $UNP

Key Points

• CW Advisors LLC increased its holdings in Union Pacific Corporation by 264.6%, acquiring an additional 19,770 shares, bringing its total to 27,241 shares valued at $6.43 million.
• Union Pacific recently reported quarterly earnings of $3.03 per share, exceeding expectations, and its revenue rose to $6.15 billion compared to the forecast of $6.09 billion.
• The company announced a dividend increase from $1.34 to $1.38 per share, showing confidence in continued performance with a dividend yield of 2.4%.

CW Advisors LLC lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 264.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,241 shares of the railroad operator's stock after buying an additional 19,770 shares during the period. CW Advisors LLC's holdings in Union Pacific were worth $6,430,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UNP. Highline Wealth Partners LLC raised its holdings in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the period. Financial Gravity Asset Management Inc. bought a new stake in shares of Union Pacific in the 1st quarter valued at about $32,000. Cornerstone Planning Group LLC raised its holdings in shares of Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after purchasing an additional 56 shares during the period. IMA Advisory Services Inc. bought a new stake in shares of Union Pacific in the 1st quarter valued at about $43,000. Finally, Y.D. More Investments Ltd bought a new stake in shares of Union Pacific in the 1st quarter valued at about $55,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP traded down $4.4920 during mid-day trading on Monday, hitting $223.3580. 5,992,964 shares of the company's stock were exchanged, compared to its average volume of 5,089,488. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The stock's 50-day simple moving average is $226.97 and its 200-day simple moving average is $228.45. The firm has a market cap of $132.46 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 2.21 and a beta of 1.05. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the firm earned $2.74 earnings per share. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The company 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 is Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio (DPR) is 46.57%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on UNP shares. Evercore ISI dropped their target price on shares of Union Pacific from $244.00 to $238.00 and set an "in-line" rating on the stock in a report on Friday, July 25th. Jefferies Financial Group raised shares of Union Pacific from a "hold" rating to a "buy" rating and upped their target price for the company from $250.00 to $285.00 in a report on Friday, July 25th. Sanford C. Bernstein upped their target price on shares of Union Pacific from $271.00 to $286.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Barclays cut shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. Finally, Citigroup cut shares of Union Pacific from a "strong-buy" rating to a "hold" rating and lowered their price target for the company from $270.00 to $250.00 in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus 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.