Union Pacific Corporation $UNP Shares Purchased by PDS Planning Inc

PDS Planning Inc boosted its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 37.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,897 shares of the railroad operator's stock after acquiring an additional 1,594 shares during the period. PDS Planning Inc's holdings in Union Pacific were worth $1,357,000 at the end of the most recent reporting period.

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

Union Pacific Stock Down 2.6%

UNP stock opened at $225.54 on Friday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The firm has a market capitalization of $133.77 billion, a price-to-earnings ratio of 19.60, a PEG ratio of 2.41 and a beta of 1.07. The company's 50 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 posted its quarterly 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 company had revenue of $6.15 billion during the quarter, compared to analysts' expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm's revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.74 EPS. On average, equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. This is an increase from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's payout ratio is currently 47.96%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Morgan Stanley cut their target price 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. Sanford C. Bernstein lifted 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. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a report on Tuesday, July 15th. Barclays cut Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. Finally, UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a "neutral" rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $261.08.

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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