Advisory Services Network LLC Has $5.75 Million Holdings in Union Pacific Co. (NYSE:UNP)

Advisory Services Network LLC lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 7.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,380 shares of the railroad operator’s stock after selling 1,910 shares during the quarter. Advisory Services Network LLC’s holdings in Union Pacific were worth $5,750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. OLD Point Trust & Financial Services N A bought a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. Richardson Capital Management LLC bought a new position in shares of Union Pacific during the 1st quarter worth approximately $26,000. Raleigh Capital Management Inc. lifted its position in shares of Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares during the period. Valued Wealth Advisors LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $28,000. Finally, Scarborough Advisors LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $29,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the topic of a number of recent analyst reports. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Wells Fargo & Company initiated coverage on Union Pacific in a research note on Friday, June 7th. They issued an “overweight” rating and a $270.00 price objective on the stock. Morgan Stanley boosted their price objective on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, April 26th. The Goldman Sachs Group boosted their price objective on Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. boosted their price objective on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $258.63.

Union Pacific Trading Up 1.4 %

NYSE UNP traded up $3.17 on Friday, reaching $231.89. The company had a trading volume of 377,848 shares, compared to its average volume of 2,257,303. The stock’s 50 day moving average is $231.01 and its 200-day moving average is $239.30. The stock has a market cap of $141.48 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 1.91 and a beta of 1.06. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The firm’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.67 earnings per share. Equities analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.24%. Union Pacific’s dividend payout ratio (DPR) is currently 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.