Revolve Wealth Partners LLC Buys 53 Shares of Union Pacific Co. (NYSE:UNP)

Revolve Wealth Partners LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 5.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,002 shares of the railroad operator’s stock after purchasing an additional 53 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Union Pacific were worth $246,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $1,832,127,000. Wellington Management Group LLP lifted its holdings in Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after acquiring an additional 19,145 shares during the period. Capital Research Global Investors lifted its holdings in Union Pacific by 23.1% during the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after acquiring an additional 1,285,144 shares during the period. Fisher Asset Management LLC lifted its holdings in Union Pacific by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock worth $1,441,260,000 after acquiring an additional 125,522 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Union Pacific by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock worth $1,351,937,000 after acquiring an additional 364,029 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP opened at $223.47 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The stock has a market capitalization of $136.34 billion, a P/E ratio of 21.32, a P/E/G ratio of 1.82 and a beta of 1.05. The company’s 50-day simple moving average is $233.55 and its two-hundred day simple moving average is $240.40. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the prior year, the business earned $2.67 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis. As a group, analysts predict that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Morgan Stanley lifted their price target on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. The Goldman Sachs Group boosted their target price on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Evercore ISI lifted their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Jefferies Financial Group began coverage on Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Finally, Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and lifted their price target for the company from $248.00 to $267.00 in a research report on Friday, May 3rd. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $258.92.

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.