Stonebrook Private Inc. Acquires 375 Shares of Union Pacific Co. (NYSE:UNP)

Stonebrook Private Inc. increased its holdings in Union Pacific Co. (NYSE:UNP) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,555 shares of the railroad operator’s stock after buying an additional 375 shares during the period. Stonebrook Private Inc.’s holdings in Union Pacific were worth $1,709,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new stake in Union Pacific in the 4th quarter worth approximately $1,832,127,000. Capital Research Global Investors lifted its stake in Union Pacific by 23.1% in the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after purchasing an additional 1,285,144 shares in the last quarter. Winslow Capital Management LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $293,162,000. Capital World Investors lifted its stake in Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after purchasing an additional 1,073,625 shares in the last quarter. Finally, TD Asset Management Inc lifted its stake in Union Pacific by 115.3% in the 4th quarter. TD Asset Management Inc now owns 1,070,123 shares of the railroad operator’s stock worth $262,844,000 after purchasing an additional 573,072 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 0.8 %

Shares of UNP traded down $1.90 during trading hours on Friday, reaching $249.63. 2,406,225 shares of the company traded hands, compared to its average volume of 2,268,389. The company’s fifty day moving average price is $240.55 and its two-hundred day moving average price is $239.38. The company has a market capitalization of $152.07 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period last year, the company posted $2.57 EPS. Union Pacific’s revenue was up .7% on a year-over-year basis. Equities research analysts predict that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a dividend of $1.34 per share. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and decreased their target price for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Wells Fargo & Company assumed coverage on shares of Union Pacific in a research report on Friday, June 7th. They issued an “overweight” rating and a $270.00 target price on the stock. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday. Benchmark reissued a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Finally, Susquehanna cut their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $258.79.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Union Pacific 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.