AMI Investment Management Inc. Boosts Stock Holdings in Union Pacific Corporation $UNP

AMI Investment Management Inc. boosted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 15,970 shares of the railroad operator’s stock after buying an additional 467 shares during the period. AMI Investment Management Inc.’s holdings in Union Pacific were worth $3,674,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LGT Group Foundation grew its stake in Union Pacific by 9.7% during the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock valued at $1,275,000 after acquiring an additional 477 shares in the last quarter. Nuveen LLC purchased a new position in shares of Union Pacific in the 1st quarter worth $988,822,000. SlateStone Wealth LLC grew its stake in shares of Union Pacific by 6.2% in the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock worth $3,133,000 after buying an additional 772 shares in the last quarter. Meadow Creek Wealth Advisors LLC grew its stake in shares of Union Pacific by 10.9% in the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock worth $866,000 after buying an additional 359 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Union Pacific by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock worth $2,491,000 after buying an additional 1,520 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Royal Bank Of Canada lifted their price objective on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Finally, Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and lifted their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $261.08.

Union Pacific Trading Up 0.4%

Shares of UNP opened at $232.72 on Thursday. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a 50-day moving average of $224.14 and a 200 day moving average of $224.57. The firm has a market capitalization of $138.03 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 2.41 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. During the same quarter last year, the business posted $2.74 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio (DPR) is 47.96%.

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.