Impact Capital Partners LLC Increases Position in Union Pacific Corporation $UNP

Impact Capital Partners LLC boosted its holdings in Union Pacific Corporation (NYSE:UNP) by 2.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,029 shares of the railroad operator’s stock after purchasing an additional 212 shares during the quarter. Impact Capital Partners LLC’s holdings in Union Pacific were worth $2,077,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Highline Wealth Partners LLC grew its holdings in shares of Union Pacific by 103.5% during 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 during the last quarter. CBIZ Investment Advisory Services LLC grew its holdings in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Union Pacific during the first quarter valued at approximately $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific during the first quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Union Pacific by 50.5% during 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 during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on UNP shares. Argus cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Susquehanna restated a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Sanford C. Bernstein raised their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. BMO Capital Markets raised their target price on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $250.00 to $285.00 in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.00.

Union Pacific Trading Up 0.1%

Shares of Union Pacific stock opened at $236.40 on Wednesday. The company’s fifty day simple moving average is $223.07 and its 200-day simple moving average is $224.54. The stock has a market capitalization of $140.19 billion, a PE ratio of 20.54, a P/E/G ratio of 2.46 and a beta of 1.03. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. 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) last issued its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate 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 company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.74 EPS. As a group, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were paid a dividend of $1.38 per share. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio is 47.96%.

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.