Union Pacific Co. (NYSE:UNP) Stock Holdings Increased by Stokes Family Office LLC

Stokes Family Office LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 15.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,830 shares of the railroad operator’s stock after buying an additional 901 shares during the period. Stokes Family Office LLC’s holdings in Union Pacific were worth $1,680,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific during the fourth quarter worth $25,000. Richardson Capital Management LLC purchased a new position in Union Pacific in the 1st quarter worth about $26,000. Raleigh Capital Management Inc. raised its holdings in 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 acquired a new position in shares of Union Pacific in the fourth quarter worth about $28,000. Finally, Scarborough Advisors LLC acquired a new position in shares of Union Pacific in the fourth quarter worth about $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

UNP stock traded up $1.48 during trading on Friday, hitting $230.20. 1,912,316 shares of the stock traded hands, compared to its average volume of 2,268,841. The stock has a market cap of $140.45 billion, a price-to-earnings ratio of 21.82, a P/E/G ratio of 1.91 and a beta of 1.06. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The company has a 50 day simple moving average of $231.01 and a 200 day simple moving average of $239.30.

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

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Morgan Stanley boosted their target price on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. The Goldman Sachs Group upped their price target on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Wells Fargo & Company began coverage on Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 target price on the stock. Finally, Susquehanna decreased their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $258.63.

Union Pacific Company Profile

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.