Teamwork Financial Advisors LLC Has $11.98 Million Holdings in Union Pacific Corporation $UNP

Teamwork Financial Advisors LLC lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 9.4% during the 2nd quarter, Holdings Channel reports. The firm owned 44,059 shares of the railroad operator’s stock after purchasing an additional 3,791 shares during the period. Teamwork Financial Advisors LLC’s holdings in Union Pacific were worth $11,984,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UNP. Capital Advisors Inc. OK boosted its stake in shares of Union Pacific by 1.8% in the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock valued at $513,000 after buying an additional 34 shares during the period. Tiemann Investment Advisors LLC increased its stake in Union Pacific by 1.7% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock worth $576,000 after acquiring an additional 35 shares during the period. Burford Brothers Inc. increased its stake in Union Pacific by 1.9% during the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock worth $511,000 after acquiring an additional 35 shares during the period. TFR Capital LLC. raised its holdings in Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after acquiring an additional 36 shares in the last quarter. Finally, Key Financial Inc raised its holdings in Union Pacific by 2.1% in the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock valued at $442,000 after acquiring an additional 38 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on UNP. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Barclays restated an “overweight” rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Citizens Jmp began coverage on Union Pacific in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 price target for the company. TD Cowen reaffirmed a “buy” rating and set a $325.00 price objective (up from $282.00) on shares of Union Pacific in a research report on Friday, July 24th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $320.89.

Union Pacific Trading Down 0.3%

Shares of UNP stock opened at $288.68 on Wednesday. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The stock’s fifty day moving average price is $294.62 and its two-hundred day moving average price is $271.35. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The company has a market cap of $171.50 billion, a PE ratio of 23.37, a P/E/G ratio of 2.88 and a beta of 0.96.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping the consensus estimate of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same period in the prior year, the company earned $3.03 EPS. Union Pacific’s revenue for the quarter was up 11.5% on a year-over-year basis. Equities analysts predict that Union Pacific Corporation will post 13.02 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, August 31st. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio is 45.99%.

About Union Pacific

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.