Kestra Advisory Services LLC Has $23.45 Million Position in Union Pacific Corporation $UNP

Key Points

• Kestra Advisory Services LLC increased its holdings in Union Pacific Corporation by 1.3%, owning 99,277 shares valued at approximately $23.45 million.
• Union Pacific recently announced a quarterly dividend increase from $1.34 to $1.38 per share, resulting in an annual yield of 2.4%.
• Analysts have mixed ratings for Union Pacific shares, with one strong buy, fourteen buy, eleven hold, and a recent average price target of $258.21.

Kestra Advisory Services LLC increased its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 99,277 shares of the railroad operator's stock after acquiring an additional 1,273 shares during the period. Kestra Advisory Services LLC's holdings in Union Pacific were worth $23,453,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Highline Wealth Partners LLC raised its holdings in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after acquiring an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in Union Pacific during the first quarter worth about $32,000. Cornerstone Planning Group LLC raised its holdings in Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after acquiring an additional 56 shares in the last quarter. IMA Advisory Services Inc. bought a new stake in Union Pacific during the first quarter worth about $43,000. Finally, Y.D. More Investments Ltd bought a new stake in Union Pacific during the first quarter worth about $55,000. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UNP. Royal Bank Of Canada upped their target price on Union Pacific from $257.00 to $276.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Sanford C. Bernstein upped their price objective on Union Pacific from $271.00 to $286.00 and gave the company an "outperform" rating in a research note on Monday, July 21st. Argus lowered Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, August 12th. Susquehanna dropped their price objective on Union Pacific from $260.00 to $257.00 and set a "positive" rating on the stock in a research note on Wednesday, July 30th. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $258.21.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $4.4920 on Monday, hitting $223.3580. The stock had a trading volume of 5,992,964 shares, compared to its average volume of 5,089,488. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The business's 50 day moving average is $226.97 and its two-hundred day moving average is $228.45. 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 stock has a market cap of $132.46 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 2.21 and a beta of 1.05.

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

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $1.38 per share. This is an increase from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's dividend payout ratio (DPR) is currently 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.