Hager Investment Management Services LLC Sells 55 Shares of Union Pacific Corporation $UNP

Hager Investment Management Services LLC lessened its position in shares of Union Pacific Corporation (NYSE:UNP) by 3.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,498 shares of the railroad operator’s stock after selling 55 shares during the period. Hager Investment Management Services LLC’s holdings in Union Pacific were worth $345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Pines Wealth Management LLC increased its holdings in 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 buying an additional 43 shares during the last quarter. Titleist Asset Management LLC increased its holdings in Union Pacific by 1.1% during the first 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 last quarter. Five Oceans Advisors increased its holdings in Union Pacific by 3.9% during the second 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 last quarter. Stiles Financial Services Inc increased its holdings in Union Pacific by 1.6% during the first 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 during the last quarter. Finally, Avalon Trust Co increased its holdings in Union Pacific by 5.1% during the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock worth $237,000 after buying an additional 49 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UNP. Robert W. Baird began coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective for the company. Morgan Stanley reduced their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday. Susquehanna reiterated a “positive” rating and issued a $272.00 target price (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $261.08.

Union Pacific Trading Up 0.4%

Shares of Union Pacific stock opened at $232.72 on Thursday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The firm has a market cap of $138.03 billion, a PE ratio of 20.22, a PEG ratio of 2.41 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The company has a 50 day simple moving average of $224.14 and a two-hundred day simple moving average of $224.57.

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 the consensus estimate of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The business had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same period in the previous year, the business posted $2.74 earnings per share. Union Pacific’s revenue for the quarter was up 2.4% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is presently 47.96%.

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.