Acorn Creek Capital LLC Sells 186 Shares of Union Pacific Corporation $UNP

Acorn Creek Capital LLC lowered its stake in shares of Union Pacific Corporation (NYSE:UNP) by 16.3% during the second quarter, Holdings Channel reports. The fund owned 953 shares of the railroad operator’s stock after selling 186 shares during the period. Acorn Creek Capital LLC’s holdings in Union Pacific were worth $219,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in UNP. GAMMA Investing LLC lifted its position in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after purchasing an additional 1,520 shares during the period. Everhart Financial Group Inc. raised its position in shares of Union Pacific by 45.7% in the 1st quarter. Everhart Financial Group Inc. now owns 2,387 shares of the railroad operator’s stock valued at $564,000 after acquiring an additional 749 shares during the period. Salem Investment Counselors Inc. raised its position in shares of Union Pacific by 9.1% in the 1st quarter. Salem Investment Counselors Inc. now owns 3,544 shares of the railroad operator’s stock valued at $837,000 after acquiring an additional 295 shares during the period. CVA Family Office LLC raised its holdings in Union Pacific by 4.3% during the 1st quarter. CVA Family Office LLC now owns 3,157 shares of the railroad operator’s stock worth $746,000 after buying an additional 129 shares during the period. Finally, Azzad Asset Management Inc. ADV bought a new position in shares of Union Pacific during the 1st quarter worth approximately $2,149,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Morgan Stanley decreased their price target 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. Susquehanna reissued a “positive” rating and issued a $272.00 target price (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Jefferies Financial Group raised shares of Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Sanford C. Bernstein raised their target price on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Finally, Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and raised their target price for the company from $250.00 to $251.00 in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $261.08.

Union Pacific Trading Down 2.6%

UNP stock opened at $225.54 on Friday. 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 fifty day moving average price of $224.45 and a two-hundred day moving average price of $224.38. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The stock has a market cap of $133.77 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings data 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 net margin of 28.43% and a return on equity of 41.73%. The firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same period in the previous year, the business posted $2.74 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities 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 $1.38 dividend. The ex-dividend date of this dividend was Friday, August 29th. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is presently 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.