Aaron Wealth Advisors LLC Sells 660 Shares of Union Pacific Corporation $UNP

Aaron Wealth Advisors LLC decreased its position in Union Pacific Corporation (NYSE:UNP) by 11.5% during the 2nd quarter, Holdings Channel reports. The firm owned 5,081 shares of the railroad operator’s stock after selling 660 shares during the period. Aaron Wealth Advisors LLC’s holdings in Union Pacific were worth $1,169,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. Two Sigma Advisers LP boosted its holdings in Union Pacific by 5.8% in the fourth quarter. Two Sigma Advisers LP now owns 43,701 shares of the railroad operator’s stock valued at $9,966,000 after acquiring an additional 2,400 shares in the last quarter. Vivaldi Capital Management LP boosted its holdings in Union Pacific by 18.3% in the fourth quarter. Vivaldi Capital Management LP now owns 2,135 shares of the railroad operator’s stock valued at $487,000 after acquiring an additional 331 shares in the last quarter. Vident Advisory LLC boosted its holdings in Union Pacific by 2.8% in the fourth quarter. Vident Advisory LLC now owns 14,093 shares of the railroad operator’s stock valued at $3,214,000 after acquiring an additional 384 shares in the last quarter. Woodline Partners LP boosted its holdings in Union Pacific by 75.9% in the fourth quarter. Woodline Partners LP now owns 80,349 shares of the railroad operator’s stock valued at $18,323,000 after acquiring an additional 34,658 shares in the last quarter. Finally, Waverly Advisors LLC boosted its holdings in Union Pacific by 16.6% in the fourth quarter. Waverly Advisors LLC now owns 25,356 shares of the railroad operator’s stock valued at $5,782,000 after acquiring an additional 3,606 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $216.06 on Wednesday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The business has a 50-day simple moving average of $223.67 and a two-hundred day simple moving average of $225.51. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The firm has a market cap of $128.13 billion, a price-to-earnings ratio of 18.77, a price-to-earnings-growth ratio of 2.10 and a beta of 1.03.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter in the previous year, the firm earned $2.74 EPS. Union Pacific’s revenue was up 2.4% on a year-over-year basis. On average, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $1.38 dividend. 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. This represents a $5.52 dividend on an annualized basis and a yield of 2.6%. Union Pacific’s payout ratio is presently 47.96%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Royal Bank Of Canada lifted their price target on shares of Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. UBS Group lifted their price target on shares of Union Pacific from $238.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, July 25th. Wells Fargo & Company boosted their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Baird R W upgraded shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and boosted their target price for the company from $250.00 to $285.00 in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.38.

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.