Warwick Investment Management Inc. Grows Position in Union Pacific Corporation $UNP

Warwick Investment Management Inc. boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 15.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,287 shares of the railroad operator’s stock after purchasing an additional 170 shares during the period. Warwick Investment Management Inc.’s holdings in Union Pacific were worth $304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Highline Wealth Partners LLC lifted its position in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific during the first quarter valued at $32,000. Cornerstone Planning Group LLC lifted its position in shares of Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. IMA Advisory Services Inc. purchased a new position in shares of Union Pacific in the first quarter valued at about $43,000. Finally, Y.D. More Investments Ltd purchased a new position in shares of Union Pacific in the first quarter valued at about $55,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UNP has been the topic of several research analyst reports. Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Baird R W upgraded Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Wells Fargo & Company boosted their price objective on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. Citigroup downgraded Union Pacific from a “strong-buy” rating to a “hold” rating and decreased their target price for the stock from $270.00 to $250.00 in a research report on Wednesday, July 30th. Finally, BMO Capital Markets boosted their target price on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $258.21.

Union Pacific Trading Down 0.2%

UNP opened at $222.86 on Wednesday. The stock has a market cap of $132.17 billion, a price-to-earnings ratio of 19.36, a P/E/G ratio of 2.17 and a beta of 1.05. The stock’s 50 day moving average price is $227.02 and its 200-day moving average price is $228.41. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.74 earnings per share. On average, equities analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.5%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is currently 47.96%.

Union Pacific Profile

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.