YorkBridge Wealth Partners LLC Boosts Holdings in Union Pacific Co. (NYSE:UNP)

YorkBridge Wealth Partners LLC boosted its position in Union Pacific Co. (NYSE:UNPGet Rating) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,661 shares of the railroad operator’s stock after purchasing an additional 416 shares during the quarter. YorkBridge Wealth Partners LLC’s holdings in Union Pacific were worth $1,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. PDS Planning Inc raised its position in shares of Union Pacific by 4.9% during the 2nd quarter. PDS Planning Inc now owns 2,594 shares of the railroad operator’s stock valued at $553,000 after buying an additional 121 shares in the last quarter. Newman & Schimel LLC purchased a new stake in shares of Union Pacific during the 2nd quarter valued at $696,000. Krilogy Financial LLC raised its position in shares of Union Pacific by 10.7% during the 2nd quarter. Krilogy Financial LLC now owns 2,601 shares of the railroad operator’s stock valued at $555,000 after buying an additional 252 shares in the last quarter. Pittenger & Anderson Inc. raised its position in shares of Union Pacific by 2.0% during the 2nd quarter. Pittenger & Anderson Inc. now owns 94,578 shares of the railroad operator’s stock valued at $20,172,000 after buying an additional 1,835 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. raised its position in shares of Union Pacific by 31.2% during the 2nd quarter. Steigerwald Gordon & Koch Inc. now owns 1,274 shares of the railroad operator’s stock valued at $272,000 after buying an additional 303 shares in the last quarter. Hedge funds and other institutional investors own 77.89% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on UNP shares. Raymond James reduced their target price on shares of Union Pacific from $285.00 to $250.00 and set a “strong-buy” rating on the stock in a report on Friday, July 8th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Union Pacific from $260.00 to $232.00 in a report on Friday, July 22nd. Susquehanna lowered shares of Union Pacific from a “positive” rating to a “neutral” rating and set a $235.00 target price on the stock. in a report on Wednesday, July 6th. They noted that the move was a valuation call. Bank of America raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $260.00 target price on the stock in a report on Monday, September 12th. Finally, Credit Suisse Group cut their price target on shares of Union Pacific to $252.00 in a report on Friday, July 22nd. Twelve equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of “Hold” and an average price target of $247.22.

Union Pacific Stock Performance

Union Pacific stock opened at $209.17 on Friday. The company has a market cap of $130.62 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 1.83 and a beta of 1.14. Union Pacific Co. has a twelve month low of $195.93 and a twelve month high of $278.94. The company’s 50-day moving average price is $226.03 and its 200-day moving average price is $230.71. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 2.33.

Union Pacific (NYSE:UNPGet Rating) last announced its earnings results on Thursday, July 21st. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.11. Union Pacific had a return on equity of 52.00% and a net margin of 29.23%. The business had revenue of $6.27 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the business earned $2.72 earnings per share. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Co. will post 11.55 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st will be paid a $1.30 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $5.20 dividend on an annualized basis and a yield of 2.49%. Union Pacific’s payout ratio is 48.46%.

Union Pacific Profile

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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