Stephens Inc. AR Acquires 3,256 Shares of Union Pacific Co. (NYSE:UNP)

Stephens Inc. AR increased its position in shares of Union Pacific Co. (NYSE:UNP) by 11.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,649 shares of the railroad operator’s stock after buying an additional 3,256 shares during the period. Stephens Inc. AR’s holdings in Union Pacific were worth $3,556,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advantage Investment Management LLC raised its position in Union Pacific by 263.7% during the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after acquiring an additional 691 shares during the period. Mark Sheptoff Financial Planning LLC raised its position in Union Pacific by 96.3% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares during the period. Proficio Capital Partners LLC raised its position in Union Pacific by 36.3% during the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock worth $111,000 after acquiring an additional 274 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares during the period. Finally, SRS Capital Advisors Inc. raised its position in Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares during the period. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 18th. Royal Bank Of Canada restated a “hold” rating and set a $115.00 price objective on shares of Union Pacific in a research report on Friday, August 25th. Morgan Stanley increased their target price on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 31st. BMO Capital Markets reiterated a “buy” rating and issued a $123.00 target price on shares of Union Pacific in a research report on Friday, September 15th. Finally, Goldman Sachs Group assumed coverage on shares of Union Pacific in a research report on Monday, November 13th. They issued a “sell” rating and a $103.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $118.53.

Union Pacific Co. (NYSE:UNP) traded down $0.06 during trading on Wednesday, reaching $127.95. 3,817,857 shares of the company traded hands, compared to its average volume of 3,579,691. Union Pacific Co. has a 52-week low of $101.06 and a 52-week high of $132.00. The firm has a market capitalization of $102,394.91, a PE ratio of 22.98, a P/E/G ratio of 2.11 and a beta of 0.90. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same period last year, the business earned $1.36 earnings per share. Union Pacific’s revenue was up 4.5% compared to the same quarter last year. research analysts anticipate that Union Pacific Co. will post 5.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be given a dividend of $0.665 per share. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.00%.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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