Xponance Inc. Increases Stock Position in Union Pacific Corporation (NYSE:UNP)

Xponance Inc. grew its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 116,602 shares of the railroad operator's stock after buying an additional 1,865 shares during the period. Xponance Inc.'s holdings in Union Pacific were worth $27,546,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Highline Wealth Partners LLC increased its holdings in Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. EnRich Financial Partners LLC purchased a new position in Union Pacific in the 4th quarter valued at about $31,000. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific in the 1st quarter valued at about $32,000. Cornerstone Planning Group LLC boosted its position in Union Pacific by 50.5% in 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 last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its position in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Jefferies Financial Group decreased their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Stifel Nicolaus decreased their price objective 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. Argus raised shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Wells Fargo & Company reduced their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $256.63.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $237.00 on Friday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The firm's 50-day simple moving average is $225.77 and its 200-day simple moving average is $231.10. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a market cap of $141.60 billion, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results 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 business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the firm posted $2.69 earnings per share. Union Pacific's revenue was down .1% on a year-over-year basis. As a group, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. 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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