Union Pacific Corporation $UNP Shares Bought by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC raised its holdings in Union Pacific Corporation (NYSE:UNP) by 7.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,001 shares of the railroad operator’s stock after buying an additional 143 shares during the period. Samalin Investment Counsel LLC’s holdings in Union Pacific were worth $473,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UNP. Highline Wealth Partners LLC raised its stake in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific in the first quarter valued at $32,000. Cornerstone Planning Group LLC raised its stake in Union Pacific by 50.5% in the first 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 in the last quarter. IMA Advisory Services Inc. acquired a new stake in Union Pacific in the first quarter valued at $43,000. Finally, Y.D. More Investments Ltd acquired a new stake in Union Pacific in the first quarter valued at $55,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNP has been the topic of a number of research analyst reports. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. UBS Group lifted their target price on Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. The Goldman Sachs Group reiterated a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. Evercore ISI cut their target price on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. Finally, Citigroup cut Union Pacific from a “strong-buy” rating to a “hold” rating and cut their target price for the stock from $270.00 to $250.00 in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $258.21.

Union Pacific Stock Performance

Shares of UNP stock opened at $222.86 on Wednesday. The stock has a market capitalization of $132.17 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $258.07. The stock’s 50-day moving average price is $227.02 and its 200 day moving average price is $228.41. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.74 EPS. As a group, equities research 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 $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date is Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific’s payout ratio is presently 47.96%.

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.