Claro Advisors LLC Purchases 217 Shares of Union Pacific Co. (NYSE:UNP)

Claro Advisors LLC raised its position in Union Pacific Co. (NYSE:UNP) by 21.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,214 shares of the railroad operator’s stock after acquiring an additional 217 shares during the period. Claro Advisors LLC’s holdings in Union Pacific were worth $299,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on UNP shares. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their target price for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. Evercore ISI boosted their target price on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their target price for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. TD Cowen boosted their target price on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Finally, Susquehanna decreased their price target on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Stock Down 0.6 %

NYSE:UNP opened at $224.86 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The stock’s fifty day simple moving average is $233.31 and its 200-day simple moving average is $240.32. The firm has a market capitalization of $137.19 billion, a P/E ratio of 21.46, a P/E/G ratio of 1.92 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period in the previous year, the company earned $2.67 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date was Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.31%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.