IFC Advisors LLC Boosts Stock Holdings in Union Pacific Corporation (NYSE:UNP)

IFC Advisors LLC lifted its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 20.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,124 shares of the railroad operator's stock after purchasing an additional 1,353 shares during the period. IFC Advisors LLC's holdings in Union Pacific were worth $1,919,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Proficio Capital Partners LLC boosted its holdings in shares of Union Pacific by 46.1% during the 4th quarter. Proficio Capital Partners LLC now owns 2,211 shares of the railroad operator's stock worth $504,000 after purchasing an additional 698 shares during the last quarter. Achmea Investment Management B.V. lifted its holdings in Union Pacific by 91.8% in the fourth quarter. Achmea Investment Management B.V. now owns 3,633 shares of the railroad operator's stock valued at $828,000 after acquiring an additional 1,739 shares during the last quarter. LBP AM SA lifted its holdings in Union Pacific by 10.5% in the fourth quarter. LBP AM SA now owns 114,391 shares of the railroad operator's stock valued at $26,086,000 after acquiring an additional 10,829 shares during the last quarter. Atala Financial Inc acquired a new position in Union Pacific in the fourth quarter valued at approximately $405,000. Finally, Northwest Wealth Management LLC lifted its holdings in Union Pacific by 3.3% in the fourth quarter. Northwest Wealth Management LLC now owns 4,415 shares of the railroad operator's stock valued at $1,007,000 after acquiring an additional 140 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP opened at $235.01 on Friday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a market capitalization of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The firm has a 50-day simple moving average of $226.11 and a 200-day simple moving average of $231.14. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.69 EPS. On average, equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were given a $1.34 dividend. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.28%. Union Pacific's payout ratio is currently 48.29%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Morgan Stanley cut their price objective on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research report on Monday, July 7th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Susquehanna raised Union Pacific from a "neutral" rating to a "positive" rating and upped their price objective for the stock from $245.00 to $260.00 in a research report on Tuesday, June 24th. Finally, Citigroup upped their price objective on Union Pacific from $244.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $256.63.

Union Pacific Company 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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