Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its stake in Union Pacific Co. (NYSE:UNP) by 9.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,386 shares of the railroad operator’s stock after acquiring an additional 2,993 shares during the period. Union Pacific makes up 0.9% of Nelson Van Denburg & Campbell Wealth Management Group LLC’s portfolio, making the stock its 27th largest holding. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in Union Pacific were worth $5,407,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Krane Funds Advisors LLC acquired a new stake in Union Pacific during the second quarter worth $25,000. River & Mercantile Asset Management LLP acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $29,000. Mackey Komara & Dankovich LLC boosted its stake in shares of Union Pacific by 549.7% in the 2nd quarter. Mackey Komara & Dankovich LLC now owns 1,124 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 951 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $31,000. Finally, Virtus ETF Advisers LLC acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 77.77% of the company’s stock.
Several equities research analysts have recently commented on UNP shares. Bank of America reduced their target price on shares of Union Pacific from $179.00 to $167.00 and set a “neutral” rating on the stock in a research note on Tuesday. Cascend Securities downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Atlantic Securities upgraded shares of Union Pacific from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $175.00 to $195.00 in a research note on Friday, July 26th. Zacks Investment Research upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 target price on the stock in a research note on Monday, July 22nd. Finally, Sanford C. Bernstein set a $177.00 target price on shares of Union Pacific and gave the company a “hold” rating in a research note on Friday, July 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $182.15.
Shares of Union Pacific stock traded up $2.50 during trading on Wednesday, reaching $153.97. The company’s stock had a trading volume of 13,441 shares, compared to its average volume of 3,562,759. The stock has a 50-day moving average price of $163.01 and a two-hundred day moving average price of $168.95. The company has a current ratio of 0.72, a quick ratio of 0.58 and a debt-to-equity ratio of 1.26. Union Pacific Co. has a one year low of $128.08 and a one year high of $180.54. The stock has a market capitalization of $110.13 billion, a P/E ratio of 19.46, a price-to-earnings-growth ratio of 1.76 and a beta of 1.07.
Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 18th. The railroad operator reported $2.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.12 by $0.10. Union Pacific had a return on equity of 31.74% and a net margin of 26.95%. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.62 billion. During the same period in the previous year, the business posted $1.98 earnings per share. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Union Pacific Co. will post 8.89 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.52%. This is a boost from Union Pacific’s previous quarterly dividend of $0.88. The ex-dividend date was Thursday, August 29th. Union Pacific’s payout ratio is currently 49.05%.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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