Dimensional Fund Advisors LP Has $831.83 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Dimensional Fund Advisors LP lifted its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.8% during the 1st quarter, HoldingsChannel reports. The fund owned 3,521,749 shares of the railroad operator’s stock after purchasing an additional 60,597 shares during the period. Dimensional Fund Advisors LP’s holdings in Union Pacific were worth $831,825,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC raised its position in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 59 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific in the 1st quarter worth approximately $32,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after purchasing an additional 56 shares during the last quarter. Finally, IMA Advisory Services Inc. purchased a new position in Union Pacific in the first quarter valued at approximately $43,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.7%

UNP opened at $221.62 on Friday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm’s fifty day moving average is $227.11 and its 200 day moving average is $229.77. The stock has a market cap of $131.43 billion, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping 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 firm had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the previous year, the firm posted $2.74 EPS. The business’s quarterly revenue was up 2.4% on a year-over-year basis. On average, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is currently 46.57%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UNP shares. Baird R W raised shares of Union Pacific to a “hold” rating in a report on Tuesday, July 1st. Citigroup lowered shares of Union Pacific from a “strong-buy” rating to a “hold” rating and dropped their target price for the stock from $270.00 to $250.00 in a report on Wednesday, July 30th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research note on Monday, June 2nd. Finally, Robert W. Baird began coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price target for the company. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $258.21.

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.