Peterson Wealth Services Increases Position in Union Pacific Corporation (NYSE:UNP)

Peterson Wealth Services lifted its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 9.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,377 shares of the railroad operator's stock after buying an additional 1,604 shares during the period. Union Pacific makes up approximately 1.3% of Peterson Wealth Services' portfolio, making the stock its 22nd biggest holding. Peterson Wealth Services' holdings in Union Pacific were worth $4,341,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Allred Capital Management LLC boosted its position in shares of Union Pacific by 0.5% during the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock valued at $1,904,000 after buying an additional 40 shares during the period. Palogic Value Management L.P. lifted its holdings in Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock worth $644,000 after buying an additional 42 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its holdings in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares in the last quarter. Foster Dykema Cabot & Partners LLC raised its holdings in Union Pacific by 1.6% in the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 2,922 shares of the railroad operator's stock valued at $666,000 after acquiring an additional 47 shares in the last quarter. Finally, First Financial Bank Trust Division grew its holdings in shares of 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 worth $662,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Bank of America raised their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday, May 16th. 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 boosted their target price for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. Stephens decreased their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Finally, Stifel Nicolaus decreased their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.75.

Union Pacific Trading Down 1.1%

UNP opened at $224.90 on Monday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The stock has a market capitalization of $134.37 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.25 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The business has a fifty day moving average price of $227.52 and a 200 day moving average price of $231.19.

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

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.45%. This is a boost from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

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.

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