Leo Wealth LLC Has $236,000 Stake in Union Pacific Corporation $UNP

Key Points

• Leo Wealth LLC has reduced its stake in Union Pacific Corporation by 68.6%, leaving it with 1,024 shares valued at $236,000.
• Several hedge funds have increased their positions in Union Pacific, with notable increases including Highline Wealth Partners and CBIZ Investment Advisory Services, which boosted their stakes by 103.5% and 1,400.0%, respectively.
• Analysts have issued varying ratings for Union Pacific, with Jefferies upgrading the stock to a "buy" and raising the target price to $285.00, while Morgan Stanley set a lower target at $215.00.

Leo Wealth LLC decreased its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 68.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,024 shares of the railroad operator's stock after selling 2,235 shares during the period. Leo Wealth LLC's holdings in Union Pacific were worth $236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC boosted its stake in Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock valued at $28,000 after buying an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific during the 1st quarter valued at $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific during the 1st quarter valued at $33,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UNP shares. Jefferies Financial Group raised shares of Union Pacific from a "hold" rating to a "buy" rating and lifted their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Morgan Stanley decreased their target price on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday, July 7th. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and lifted their target price for the company from $250.00 to $251.00 in a research note on Monday, September 15th. Susquehanna reissued a "positive" rating and set a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Finally, Royal Bank Of Canada raised their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and a consensus target price of $261.08.

Union Pacific Stock Performance

Shares of UNP opened at $225.54 on Friday. The company has a market capitalization of $133.77 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. 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 company's fifty day moving average price is $224.45 and its 200 day moving average price is $224.47.

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 firm had revenue of $6.15 billion for 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 business's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.74 EPS. As a group, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a $1.38 dividend. This is a boost from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific's payout ratio is 47.96%.

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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