Alpha Financial Partners LLC Sells 62 Shares of Union Pacific Corporation $UNP

Alpha Financial Partners LLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 4.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,342 shares of the railroad operator’s stock after selling 62 shares during the period. Alpha Financial Partners LLC’s holdings in Union Pacific were worth $309,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. LGT Group Foundation boosted its stake in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after acquiring an additional 477 shares during the period. Nuveen LLC bought a new position in shares of Union Pacific in the first quarter worth about $988,822,000. SlateStone Wealth LLC boosted its stake in shares of Union Pacific by 6.2% in the first quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after acquiring an additional 772 shares during the period. Meadow Creek Wealth Advisors LLC boosted its stake in shares of Union Pacific by 10.9% in the first quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after acquiring an additional 359 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Union Pacific by 16.8% in the first quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after acquiring an additional 1,520 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 2.6%

Shares of UNP stock opened at $225.54 on Friday. 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. The stock’s 50 day simple moving average is $224.45 and its two-hundred day simple moving average is $224.38. The company has a market cap of $133.77 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07.

Union Pacific (NYSE:UNP) last issued 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. 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 for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the prior year, the business posted $2.74 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. Research analysts predict 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 issued a $1.38 dividend. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UNP. Baird R W raised Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. JPMorgan Chase & Co. decreased their target price on Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday. Wells Fargo & Company boosted their target price on Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday. One equities research 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $261.08.

About Union Pacific

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.