755 Shares in Union Pacific Corporation $UNP Acquired by eCIO Inc.

eCIO Inc. bought a new position in Union Pacific Corporation (NYSE:UNP) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 755 shares of the railroad operator’s stock, valued at approximately $178,000.

Several other institutional investors have also recently added to or reduced their stakes in UNP. Janus Henderson Group PLC raised its stake in Union Pacific by 40.7% during the 4th quarter. Janus Henderson Group PLC now owns 141,398 shares of the railroad operator’s stock worth $32,253,000 after buying an additional 40,915 shares during the period. NorthRock Partners LLC increased its holdings in shares of Union Pacific by 67.7% during the fourth quarter. NorthRock Partners LLC now owns 7,733 shares of the railroad operator’s stock valued at $1,763,000 after acquiring an additional 3,122 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of Union Pacific by 51.3% during the fourth quarter. Quantinno Capital Management LP now owns 63,119 shares of the railroad operator’s stock worth $14,394,000 after purchasing an additional 21,403 shares during the period. ProShare Advisors LLC lifted its holdings in shares of Union Pacific by 13.4% in the 4th quarter. ProShare Advisors LLC now owns 87,953 shares of the railroad operator’s stock worth $20,057,000 after purchasing an additional 10,394 shares in the last quarter. Finally, Prana Capital Management LP lifted its holdings in shares of Union Pacific by 70.1% in the 4th quarter. Prana Capital Management LP now owns 9,416 shares of the railroad operator’s stock worth $2,147,000 after purchasing an additional 3,881 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UNP. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, July 15th. The Goldman Sachs Group reiterated a “neutral” rating and set a $263.00 price target on shares of Union Pacific in a research note on Monday, June 2nd. UBS Group increased their price objective on Union Pacific from $238.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th. Sanford C. Bernstein raised their target price on Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Finally, Baird R W raised Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.21.

Union Pacific Stock Performance

UNP stock opened at $215.96 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The firm has a market cap of $128.08 billion, a PE ratio of 18.76, a P/E/G ratio of 2.09 and a beta of 1.03. The business has a 50 day moving average of $224.89 and a 200-day moving average of $226.27. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84.

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

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $1.38 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific’s payout ratio is presently 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.