Union Pacific Corporation $UNP Stock Position Decreased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 37.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,436 shares of the railroad operator's stock after selling 2,059 shares during the period. Kingswood Wealth Advisors LLC's holdings in Union Pacific were worth $791,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LGT Group Foundation boosted its stake in Union Pacific by 9.7% during the 1st quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator's stock valued at $1,275,000 after purchasing an additional 477 shares during the period. Nuveen LLC bought a new position in Union Pacific in the 1st quarter worth about $988,822,000. SlateStone Wealth LLC grew its position in Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator's stock worth $3,133,000 after purchasing an additional 772 shares during the last quarter. Meadow Creek Wealth Advisors LLC grew its position in Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator's stock worth $866,000 after purchasing an additional 359 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Union Pacific by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after purchasing an additional 1,520 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.4%

UNP stock opened at $232.72 on Thursday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The firm has a market cap of $138.03 billion, a PE ratio of 20.22, a P/E/G ratio of 2.41 and a beta of 1.07. The firm has a 50 day simple moving average of $224.14 and a 200 day simple moving average of $224.57. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same period in the prior year, the business earned $2.74 earnings per share. The business's quarterly revenue was up 2.4% on a year-over-year basis. Equities research analysts forecast 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 was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were given 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 dividend yield of 2.4%. Union Pacific's payout ratio is currently 47.96%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and upped their target price for the stock from $250.00 to $251.00 in a research report on Monday, September 15th. Baird R W upgraded shares of Union Pacific to a "hold" rating in a research report on Tuesday, July 1st. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. Loop Capital upgraded shares of Union Pacific from a "sell" rating to a "hold" rating and increased their price objective for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Finally, Barclays cut shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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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