Panoramic Capital Partners LLC Purchases Shares of 887 Union Pacific Corporation $UNP

Panoramic Capital Partners LLC acquired a new stake in shares of Union Pacific Corporation (NYSE:UNP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 887 shares of the railroad operator’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pines Wealth Management LLC lifted its position in shares of Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after purchasing an additional 43 shares in the last quarter. Titleist Asset Management LLC increased its stake in Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after buying an additional 44 shares during the period. Five Oceans Advisors increased its stake in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares during the period. Stiles Financial Services Inc lifted its holdings in Union Pacific by 1.6% during the 1st quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock worth $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co boosted its position in Union Pacific by 5.1% in the 1st quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on UNP. Susquehanna reaffirmed a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Royal Bank Of Canada increased their price target on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Baird R W raised Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Robert W. Baird initiated coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price on the stock. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their price target for the stock from $250.00 to $285.00 in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $260.00.

Union Pacific Stock Up 0.1%

UNP opened at $236.40 on Wednesday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The stock has a market capitalization of $140.19 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 2.46 and a beta of 1.03. The business’s 50-day simple moving average is $223.07 and its 200-day simple moving average is $224.54.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion during 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 business’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.74 EPS. Analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. Union Pacific’s payout ratio is 47.96%.

Union Pacific Company 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.