Synergy Asset Management LLC Invests $31.25 Million in Union Pacific Corporation $UNP

Synergy Asset Management LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 132,220 shares of the railroad operator’s stock, valued at approximately $31,253,000. Union Pacific comprises about 1.1% of Synergy Asset Management LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors have also added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC boosted its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Union Pacific during the 2nd quarter worth $30,000. Total Investment Management Inc. acquired a new stake in Union Pacific in the second quarter valued at about $31,000. Financial Gravity Companies Inc. acquired a new stake in Union Pacific in the second quarter valued at about $31,000. Finally, Access Investment Management LLC bought a new position in Union Pacific in the second quarter valued at about $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the topic of a number of research analyst reports. Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research note on Thursday, December 18th. The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their target price for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. UBS Group set a $253.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, Susquehanna reiterated a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $260.33.

Union Pacific Price Performance

UNP stock opened at $231.76 on Friday. The company has a market capitalization of $137.47 billion, a P/E ratio of 19.69, a PEG ratio of 2.51 and a beta of 0.99. The company has a fifty day moving average price of $228.63 and a 200-day moving average price of $226.96. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.75 earnings per share. As a group, equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were paid a $1.38 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio is presently 46.90%.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.