Union Pacific Corporation (NYSE:UNP) Shares Bought by Slow Capital Inc.

by · The Cerbat Gem

Slow Capital Inc. grew its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 1.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,529 shares of the railroad operator’s stock after purchasing an additional 214 shares during the period. Slow Capital Inc.’s holdings in Union Pacific were worth $2,960,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Edgestream Partners L.P. acquired a new position in Union Pacific during the first quarter worth about $319,000. Turtle Creek Wealth Advisors LLC acquired a new position in Union Pacific during the first quarter worth about $3,374,000. Florida Financial Advisors LLC grew its holdings in Union Pacific by 10.4% during the first quarter. Florida Financial Advisors LLC now owns 1,682 shares of the railroad operator’s stock worth $397,000 after acquiring an additional 159 shares during the period. Bleakley Financial Group LLC grew its holdings in Union Pacific by 3.9% during the first quarter. Bleakley Financial Group LLC now owns 16,714 shares of the railroad operator’s stock worth $3,949,000 after acquiring an additional 628 shares during the period. Finally, MTM Investment Management LLC grew its holdings in Union Pacific by 10.1% during the first quarter. MTM Investment Management LLC now owns 6,767 shares of the railroad operator’s stock worth $1,605,000 after acquiring an additional 623 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.8%

Shares of Union Pacific stock opened at $235.01 on Monday. The firm has a market cap of $140.41 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 2.36 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $258.07. The stock has a 50-day simple moving average of $226.11 and a 200-day simple moving average of $231.15.

Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 earnings per share. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were issued a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. Union Pacific’s dividend payout ratio is 48.29%.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. Susquehanna raised Union Pacific from a “neutral” rating to a “positive” rating and lifted their target price for the stock from $245.00 to $260.00 in a report on Tuesday, June 24th. Jefferies Financial Group lowered their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Stephens dropped their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Finally, Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $256.63.

View Our Latest Stock Report on UNP

Union Pacific Company Profile

(Free Report)

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.

Further Reading

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