Union Pacific Corporation $UNP Shares Acquired by South Plains Financial Inc.

South Plains Financial Inc. increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 40.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,419 shares of the railroad operator’s stock after buying an additional 412 shares during the period. South Plains Financial Inc.’s holdings in Union Pacific were worth $326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. CBIZ Investment Advisory Services LLC lifted its holdings in 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 purchasing an additional 112 shares in the last quarter. Financial Gravity Companies Inc. acquired a new position in shares of Union Pacific during the 2nd quarter worth about $31,000. Access Investment Management LLC purchased a new position in Union Pacific in the 2nd quarter valued at about $32,000. WPG Advisers LLC acquired a new stake in Union Pacific in the 1st quarter worth about $33,000. Finally, GFG Capital LLC purchased a new stake in Union Pacific during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Susquehanna restated a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. TD Cowen reduced their target price on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, Argus lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Up 2.3%

Shares of UNP opened at $226.36 on Monday. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock has a fifty day simple moving average of $224.83 and a two-hundred day simple moving average of $224.96. The company has a market capitalization of $134.27 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same quarter in the prior year, the firm posted $2.75 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be issued a dividend of $1.38 per share. The ex-dividend date is Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

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.