Union Pacific Co. (NYSE:UNP) Shares Bought by Xponance Inc.

Xponance Inc. grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 18.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,603 shares of the railroad operator’s stock after acquiring an additional 20,035 shares during the period. Xponance Inc.’s holdings in Union Pacific were worth $29,098,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UNP. OLD Point Trust & Financial Services N A purchased a new stake in Union Pacific during the fourth quarter worth $25,000. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific in the 1st quarter worth about $26,000. Raleigh Capital Management Inc. grew its stake in Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 74 shares during the last quarter. Cultivar Capital Inc. purchased a new position in Union Pacific during the 2nd quarter valued at about $27,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Activity

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’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 transaction of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Down 1.2 %

Shares of NYSE:UNP opened at $245.39 on Monday. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The stock has a 50-day simple moving average of $245.45 and a 200-day simple moving average of $238.99. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a market capitalization of $149.72 billion, a P/E ratio of 23.42, a PEG ratio of 2.24 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating 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 the consensus estimate of $6.05 billion. During the same quarter last year, the firm posted $2.57 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Equities analysts forecast that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.18%. Union Pacific’s dividend payout ratio is presently 51.15%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on UNP shares. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Royal Bank of Canada reissued an “outperform” rating and set a $275.00 price target on shares of Union Pacific in a research report on Friday. Susquehanna decreased their price objective on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 25th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Monday, July 29th. Finally, Sanford C. Bernstein reduced their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Eight analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

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.