Northstar Financial Companies Inc. Has $421,000 Holdings in Union Pacific Corporation $UNP

Northstar Financial Companies Inc. cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 8.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,781 shares of the railroad operator’s stock after selling 171 shares during the period. Northstar Financial Companies Inc.’s holdings in Union Pacific were worth $421,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UNP. Highline Wealth Partners LLC lifted its position 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 during the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in Union Pacific during the first quarter worth approximately $32,000. Cornerstone Planning Group LLC lifted its position 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 during the last quarter. IMA Advisory Services Inc. acquired a new stake in Union Pacific during the first quarter worth approximately $43,000. Finally, Y.D. More Investments Ltd acquired a new stake in Union Pacific during the first quarter worth approximately $55,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UNP. Evercore ISI cut their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research report on Friday, July 25th. Citigroup downgraded shares of Union Pacific from a “strong-buy” rating to a “hold” rating and dropped their price target for the company from $270.00 to $250.00 in a research report on Wednesday, July 30th. Argus downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Robert W. Baird started coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target for the company. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.21.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $220.82 on Thursday. The company’s 50 day simple moving average is $226.99 and its 200 day simple moving average is $228.36. The stock has a market capitalization of $130.95 billion, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 2.16 and a beta of 1.05. 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 Corporation has a 1 year low of $204.66 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The business had revenue of $6.15 billion for 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 quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm posted $2.74 earnings per share. As a group, research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is 46.57%.

Union Pacific Company 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.