AAFMAA Wealth Management & Trust LLC Grows Stock Position in Union Pacific Co. (NYSE:UNP)

AAFMAA Wealth Management & Trust LLC raised its holdings in Union Pacific Co. (NYSE:UNP) by 1.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,766 shares of the railroad operator’s stock after acquiring an additional 141 shares during the quarter. Union Pacific makes up 1.2% of AAFMAA Wealth Management & Trust LLC’s holdings, making the stock its 26th largest holding. AAFMAA Wealth Management & Trust LLC’s holdings in Union Pacific were worth $2,156,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. FORA Capital LLC bought a new position in Union Pacific in the 1st quarter valued at $819,000. Baron Silver Stevens Financial Advisors LLC bought a new position in Union Pacific in the 1st quarter valued at $311,000. Daiwa Securities Group Inc. grew its position in shares of Union Pacific by 8.0% during the 1st quarter. Daiwa Securities Group Inc. now owns 63,752 shares of the railroad operator’s stock worth $15,679,000 after buying an additional 4,718 shares in the last quarter. Stack Financial Management Inc bought a new position in shares of Union Pacific during the 1st quarter worth $12,262,000. Finally, Consolidated Planning Corp grew its position in shares of Union Pacific by 0.8% during the 1st quarter. Consolidated Planning Corp now owns 20,267 shares of the railroad operator’s stock worth $4,984,000 after buying an additional 168 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on UNP. Stifel Nicolaus raised Union Pacific from a “hold” rating to a “buy” rating and increased their price target for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. TD Cowen increased their price target on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Wells Fargo & Company began coverage on Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 price target on the stock. Jefferies Financial Group started coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Finally, StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.63.

Union Pacific Stock Down 0.8 %

Union Pacific stock traded down $1.78 during midday trading on Monday, reaching $223.39. The company’s stock had a trading volume of 1,775,195 shares, compared to its average volume of 2,286,657. The stock’s 50-day simple moving average is $232.06 and its 200-day simple moving average is $239.76. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The stock has a market capitalization of $136.30 billion, a P/E ratio of 21.24, a PEG ratio of 1.91 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 firm had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same period last year, the business posted $2.67 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 11.22 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

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.