Union Pacific Corporation (NYSE:UNP) Stock Holdings Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC raised its stake in Union Pacific Corporation (NYSE:UNP) by 10.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,181 shares of the railroad operator’s stock after buying an additional 1,979 shares during the period. Concurrent Investment Advisors LLC’s holdings in Union Pacific were worth $4,768,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Wayfinding Financial LLC bought a new position in shares of Union Pacific in the first quarter valued at $114,000. Jackson Thornton Wealth Management LLC bought a new position in shares of Union Pacific in the first quarter valued at $201,000. Truist Financial Corp increased its holdings in shares of Union Pacific by 2.7% in the first quarter. Truist Financial Corp now owns 968,061 shares of the railroad operator’s stock valued at $228,695,000 after buying an additional 25,900 shares in the last quarter. Impax Asset Management Group plc increased its holdings in shares of Union Pacific by 5.2% in the first quarter. Impax Asset Management Group plc now owns 655,314 shares of the railroad operator’s stock valued at $154,811,000 after buying an additional 32,511 shares in the last quarter. Finally, Strategic Blueprint LLC increased its holdings in shares of Union Pacific by 12.0% in the first quarter. Strategic Blueprint LLC now owns 1,463 shares of the railroad operator’s stock valued at $346,000 after buying an additional 157 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of several research reports. Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Redburn Atlantic raised shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research note on Wednesday, April 16th. Jefferies Financial Group cut their target price on shares of Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Barclays cut their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Finally, Susquehanna raised shares of Union Pacific from a “neutral” rating to a “positive” rating and boosted their target price for the company from $245.00 to $260.00 in a research note on Tuesday, June 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $256.91.

Union Pacific Trading Down 0.3%

Shares of NYSE:UNP opened at $236.45 on Friday. The stock has a market capitalization of $141.27 billion, a PE ratio of 21.30, a P/E/G ratio of 2.37 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The firm has a fifty day moving average price of $224.00 and a 200 day moving average price of $230.83. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.69 earnings per share. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.