Saturna Capital Corp Has $55.32 Million Holdings in Union Pacific Corporation (NYSE:UNP)

Saturna Capital Corp lessened its position in Union Pacific Corporation (NYSE:UNP) by 26.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 234,168 shares of the railroad operator’s stock after selling 83,160 shares during the period. Saturna Capital Corp’s holdings in Union Pacific were worth $55,320,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the stock. Highline Wealth Partners LLC boosted its position in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific in the 4th quarter worth about $31,000. Financial Gravity Asset Management Inc. bought a new position in Union Pacific in the 1st quarter worth about $32,000. Cornerstone Planning Group LLC boosted its stake in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares during the period. Finally, Strategic Investment Solutions Inc. IL boosted its stake in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after purchasing an additional 45 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on UNP shares. Stephens dropped their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Sanford C. Bernstein reissued an “outperform” rating and set a $271.00 target price (up from $267.00) on shares of Union Pacific in a research note on Tuesday, July 8th. Citigroup boosted their target price on Union Pacific from $244.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Jefferies Financial Group dropped their price target on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday. One analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $257.13.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $227.28 on Friday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The stock has a 50 day moving average of $227.35 and a 200 day moving average of $231.17. The firm has a market cap of $135.79 billion, a PE ratio of 20.48, a PEG ratio of 2.31 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter last year, the company earned $2.69 earnings per share. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

About Union Pacific

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.