Integrated Wealth Concepts LLC Has $4.17 Million Stock Holdings in Union Pacific Corporation $UNP

Integrated Wealth Concepts LLC boosted its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 8.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,635 shares of the railroad operator's stock after acquiring an additional 1,430 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Union Pacific were worth $4,166,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC grew its holdings in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after acquiring an additional 59 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in Union Pacific during the 1st quarter worth about $32,000. WPG Advisers LLC bought a new stake in Union Pacific during the 1st quarter worth about $33,000. Cornerstone Planning Group LLC raised its holdings in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after purchasing an additional 56 shares during the last quarter. Finally, IMA Advisory Services Inc. bought a new stake in Union Pacific during the 1st quarter worth about $43,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 0.5%

Shares of UNP stock traded down $1.18 on Wednesday, reaching $214.87. The company had a trading volume of 5,004,712 shares, compared to its average volume of 4,182,723. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The stock has a market cap of $127.43 billion, a PE ratio of 18.67, a PEG ratio of 2.10 and a beta of 1.03. The company has a 50-day moving average of $225.30 and a 200-day moving average of $226.45. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84.

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

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a $1.38 dividend. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.6%. This is a boost from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is presently 47.96%.

Analyst Ratings Changes

Several analysts have weighed in on UNP shares. Wells Fargo & Company boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Bank of America boosted their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Citigroup cut Union Pacific from a "strong-buy" rating to a "hold" rating and dropped their price objective for the stock from $270.00 to $250.00 in a report on Wednesday, July 30th. Barclays cut Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. Finally, Sanford C. Bernstein boosted their price objective on Union Pacific from $271.00 to $286.00 and gave the stock an "outperform" rating in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $258.21.

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.