GM Advisory Group LLC Boosts Stock Position in Union Pacific Corporation $UNP

GM Advisory Group LLC boosted its position in shares of Union Pacific Corporation (NYSE:UNP) by 34.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,782 shares of the railroad operator’s stock after acquiring an additional 2,791 shares during the quarter. GM Advisory Group LLC’s holdings in Union Pacific were worth $2,481,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Companies Inc. acquired a new stake in Union Pacific during the 2nd quarter worth approximately $31,000. Access Investment Management LLC purchased a new position in Union Pacific in the 2nd quarter valued at approximately $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific during the first quarter worth $33,000. Finally, GFG Capital LLC acquired a new stake in shares of Union Pacific in the second quarter valued at $38,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Susquehanna reiterated a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Loop Capital raised Union Pacific from a “sell” rating to a “hold” rating and upped their price target for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Argus downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Finally, Citigroup increased their target price on shares of Union Pacific from $263.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Up 0.8%

Shares of NYSE:UNP opened at $230.97 on Thursday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. The stock has a market cap of $137.00 billion, a P/E ratio of 19.62, a P/E/G ratio of 2.27 and a beta of 1.04. The firm has a fifty day moving average price of $225.53 and a 200 day moving average price of $225.15.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the firm earned $2.75 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, December 5th. Union Pacific’s payout ratio is currently 46.90%.

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.