Union Pacific Corporation $UNP Position Increased by Empowered Funds LLC

Empowered Funds LLC raised its stake in Union Pacific Corporation (NYSE:UNP) by 21.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 47,228 shares of the railroad operator’s stock after buying an additional 8,318 shares during the period. Empowered Funds LLC’s holdings in Union Pacific were worth $10,866,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of UNP. CBIZ Investment Advisory Services LLC raised its position in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the 2nd quarter worth about $31,000. Access Investment Management LLC acquired a new stake in Union Pacific during the 2nd quarter worth about $32,000. WPG Advisers LLC acquired a new stake in Union Pacific during the 1st quarter worth about $33,000. Finally, GFG Capital LLC purchased a new stake in Union Pacific during the second quarter valued at about $38,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.0%

UNP opened at $220.97 on Wednesday. The company has a market capitalization of $131.07 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The business has a 50-day moving average of $224.36 and a 200-day moving average of $224.79.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The firm’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.75 earnings per share. Equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, December 5th. Union Pacific’s payout ratio is presently 46.90%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UNP. UBS Group set a $253.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Citigroup lifted their price objective on shares of Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. BMO Capital Markets reduced their target price on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. Finally, Wells Fargo & Company lifted their price target on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.