Union Pacific Co. (NYSE:UNP) Stock Position Raised by Copperwynd Financial LLC

Copperwynd Financial LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 8.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,388 shares of the railroad operator’s stock after acquiring an additional 275 shares during the period. Copperwynd Financial LLC’s holdings in Union Pacific were worth $836,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UNP. Ameriprise Financial Inc. lifted its holdings in shares of Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the last quarter. Capital Research Global Investors lifted its stake in Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Union Pacific by 2.1% during the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the period. Fisher Asset Management LLC grew its position in shares of Union Pacific by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock worth $1,438,417,000 after acquiring an additional 113,946 shares during the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after acquiring an additional 237,083 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.28% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on UNP. TD Cowen reduced their target price on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Wells Fargo & Company began coverage on Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price objective for the company. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and lowered their target price for the company from $254.00 to $247.00 in a research report on Wednesday. BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Finally, Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research note on Monday, July 29th. Seven investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.11.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $244.22 on Friday. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The company has a market cap of $148.78 billion, a P/E ratio of 23.30, a P/E/G ratio of 2.26 and a beta of 1.05. The business’s 50 day moving average is $245.80 and its two-hundred day moving average is $238.89.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the previous year, the firm posted $2.57 earnings per share. Union Pacific’s revenue was up .7% compared to the same quarter last year. On average, equities analysts expect that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio (DPR) is presently 51.15%.

About Union Pacific

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.