Vanguard Personalized Indexing Management LLC Has $11.67 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,689 shares of the railroad operator’s stock after purchasing an additional 397 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Union Pacific were worth $11,674,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Forum Financial Management LP grew its position in shares of Union Pacific by 0.6% in the first quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares in the last quarter. Prestige Wealth Management Group LLC grew its position in shares of Union Pacific by 1.4% in the first quarter. Prestige Wealth Management Group LLC now owns 3,015 shares of the railroad operator’s stock valued at $741,000 after purchasing an additional 42 shares in the last quarter. Fairhaven Wealth Management LLC grew its position in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after purchasing an additional 43 shares in the last quarter. Elevated Capital Advisors LLC grew its position in Union Pacific by 3.6% during the first quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock worth $312,000 after buying an additional 44 shares in the last quarter. Finally, Fortis Capital Advisors LLC grew its position in Union Pacific by 5.0% during the first quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after buying an additional 44 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on UNP shares. Royal Bank of Canada restated an “outperform” rating and set a $275.00 target price on shares of Union Pacific in a research report on Thursday, September 12th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Monday, July 29th. TD Cowen dropped their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Wells Fargo & Company began coverage on Union Pacific in a research note on Friday, June 7th. They issued an “overweight” rating and a $270.00 target price for the company. Finally, Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Stock Up 0.4 %

Union Pacific stock opened at $253.55 on Wednesday. The firm has a market cap of $154.70 billion, a price-to-earnings ratio of 24.19, a PEG ratio of 2.20 and a beta of 1.05. The stock has a fifty day simple moving average of $244.22 and a two-hundred day simple moving average of $239.08. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89.

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

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be paid a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.28% of the company’s stock.

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.