3,168 Shares in Union Pacific Corporation $UNP Acquired by Hilltop National Bank

Hilltop National Bank acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 3,168 shares of the railroad operator’s stock, valued at approximately $729,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Triad Wealth Partners LLC boosted its position in shares of Union Pacific by 16.2% during the 2nd quarter. Triad Wealth Partners LLC now owns 1,748 shares of the railroad operator’s stock worth $402,000 after purchasing an additional 244 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Union Pacific by 10.5% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 74,179 shares of the railroad operator’s stock worth $17,067,000 after purchasing an additional 7,056 shares during the period. Jmac Enterprises LLC boosted its position in shares of Union Pacific by 54.2% during the 2nd quarter. Jmac Enterprises LLC now owns 2,561 shares of the railroad operator’s stock worth $589,000 after purchasing an additional 900 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Union Pacific by 14.1% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,611 shares of the railroad operator’s stock worth $831,000 after purchasing an additional 447 shares during the period. Finally, Lecap Asset Management Ltd. purchased a new position in Union Pacific in the 2nd quarter valued at approximately $725,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.0%

UNP opened at $234.65 on Friday. The business’s 50-day simple moving average is $223.43 and its 200-day simple moving average is $224.59. 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 Corporation has a one year low of $204.66 and a one year high of $256.84. The stock has a market capitalization of $139.16 billion, a P/E ratio of 20.39, a price-to-earnings-growth ratio of 2.45 and a beta of 1.07.

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

Union Pacific Increases Dividend

The company 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 2.4%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. Union Pacific’s payout ratio is presently 47.96%.

Analysts Set New Price Targets

UNP has been the subject of several research reports. Wells Fargo & Company boosted their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. BMO Capital Markets boosted their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Baird R W upgraded shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Susquehanna restated a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Finally, UBS Group boosted their price target on shares of Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $260.00.

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.