Callan Family Office LLC Has $5.07 Million Stock Position in Union Pacific Corporation $UNP

Callan Family Office LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 75.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,030 shares of the railroad operator’s stock after acquiring an additional 9,484 shares during the period. Callan Family Office LLC’s holdings in Union Pacific were worth $5,069,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. TFR Capital LLC. raised its holdings in Union Pacific by 25.1% in the 2nd quarter. TFR Capital LLC. now owns 1,493 shares of the railroad operator’s stock valued at $344,000 after acquiring an additional 300 shares in the last quarter. Boomfish Wealth Group LLC raised its holdings in Union Pacific by 6.3% in the 2nd quarter. Boomfish Wealth Group LLC now owns 7,252 shares of the railroad operator’s stock valued at $1,669,000 after acquiring an additional 430 shares in the last quarter. GFG Capital LLC acquired a new position in Union Pacific in the 2nd quarter valued at approximately $38,000. True Link Financial Advisors LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $267,000. Finally, Lokken Investment Group LLC raised its holdings in shares of Union Pacific by 7.9% in the 2nd quarter. Lokken Investment Group LLC now owns 5,349 shares of the railroad operator’s stock worth $1,231,000 after buying an additional 391 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UNP. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. Wells Fargo & Company increased their target price on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Finally, Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and increased their target price for the stock from $250.00 to $251.00 in a report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $261.08.

Union Pacific Trading Down 2.6%

UNP stock opened at $225.54 on Friday. The business has a fifty day moving average price of $224.45 and a 200 day moving average price of $224.47. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The stock has a market capitalization of $133.77 billion, a price-to-earnings ratio of 19.60, a P/E/G ratio of 2.41 and a beta of 1.07. 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 released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating 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 firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same period last year, the firm posted $2.74 EPS. The business’s revenue was up 2.4% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s 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.