Fuller & Thaler Asset Management Inc. Grows Position in Union Pacific Corporation $UNP

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Union Pacific Corporation by 83.8% during Q1, bringing their total shares to 70,648, valued at approximately $16.69 million.
• Union Pacific has received mixed ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $258.21.
• The company recently declared a quarterly dividend of $1.38, marking an increase from the previous dividend of $1.34, with a current yield of 2.5%.

Fuller & Thaler Asset Management Inc. boosted its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 83.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 70,648 shares of the railroad operator's stock after buying an additional 32,209 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Union Pacific were worth $16,690,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Financial Bank Trust Division grew its stake in 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 valued at $662,000 after purchasing an additional 47 shares during the period. Stiles Financial Services Inc grew its stake in Union Pacific by 1.6% in the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator's stock valued at $700,000 after purchasing an additional 48 shares during the period. Avalon Trust Co grew its stake in Union Pacific by 5.1% in the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator's stock valued at $237,000 after purchasing an additional 49 shares during the period. Mather Group LLC. grew its stake in Union Pacific by 1.7% in the 1st quarter. Mather Group LLC. now owns 3,041 shares of the railroad operator's stock valued at $718,000 after purchasing an additional 50 shares during the period. Finally, Mystic Asset Management Inc. grew its stake in Union Pacific by 2.2% in the 1st quarter. Mystic Asset Management Inc. now owns 2,359 shares of the railroad operator's stock valued at $557,000 after purchasing an additional 50 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on UNP. Baird R W upgraded Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. Argus downgraded Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, August 12th. Robert W. Baird initiated coverage on Union Pacific in a research note on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price target for the company. Finally, Jefferies Financial Group upgraded Union Pacific from a "hold" rating to a "buy" rating and increased their price target for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $258.21.

Union Pacific Stock Up 1.5%

Shares of NYSE UNP opened at $223.4490 on Wednesday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The business has a 50-day simple moving average of $226.91 and a two-hundred day simple moving average of $229.05. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The company has a market cap of $132.51 billion, a P/E ratio of 19.41, a P/E/G ratio of 2.14 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued 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. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company earned $2.74 EPS. The firm's revenue was up 2.4% compared to the same quarter last year. Research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share 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. Shareholders of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is 46.57%.

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.

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