Prime Capital Investment Advisors LLC Has $14.97 Million Position in Union Pacific Corporation $UNP

Prime Capital Investment Advisors LLC boosted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 19.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,349 shares of the railroad operator’s stock after buying an additional 10,297 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Union Pacific were worth $14,974,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Acadian Asset Management LLC boosted its position in shares of Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after buying an additional 665 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in Union Pacific by 5.8% during the 2nd quarter. SteelPeak Wealth LLC now owns 2,287 shares of the railroad operator’s stock worth $526,000 after acquiring an additional 125 shares during the last quarter. Venturi Wealth Management LLC grew its stake in shares of Union Pacific by 4.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 3,729 shares of the railroad operator’s stock worth $858,000 after acquiring an additional 147 shares in the last quarter. Sax Wealth Advisors LLC lifted its position in shares of Union Pacific by 22.0% during the second quarter. Sax Wealth Advisors LLC now owns 1,651 shares of the railroad operator’s stock valued at $380,000 after purchasing an additional 298 shares in the last quarter. Finally, Bar Harbor Wealth Management lifted its position in shares of Union Pacific by 1.3% during the second quarter. Bar Harbor Wealth Management now owns 46,436 shares of the railroad operator’s stock valued at $10,684,000 after purchasing an additional 590 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

UNP stock traded up $0.45 during midday trading on Friday, reaching $251.90. The company had a trading volume of 161,469 shares, compared to its average volume of 3,558,646. The firm has a 50-day moving average price of $233.45 and a 200-day moving average price of $227.25. The company has a market capitalization of $149.42 billion, a P/E ratio of 20.99, a P/E/G ratio of 2.72 and a beta of 0.98. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $253.20. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. During the same period in the prior year, the firm posted $2.91 earnings per share. The business’s revenue was down .6% on a year-over-year basis. On average, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Analyst Ratings Changes

UNP has been the topic of a number of research analyst reports. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. TD Cowen cut their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a report on Thursday, December 18th. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, JPMorgan Chase & Co. dropped their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.