Dynamic Technology Lab Private Ltd Purchases Shares of 3,895 Union Pacific Corporation $UNP

Dynamic Technology Lab Private Ltd acquired a new position in shares of Union Pacific Corporation (NYSE:UNP) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,895 shares of the railroad operator’s stock, valued at approximately $920,000.

Other hedge funds also recently modified their holdings of the company. Highline Wealth Partners LLC grew its holdings in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. Financial Gravity Asset Management Inc. bought a new position in shares of Union Pacific during the 1st quarter worth about $32,000. WPG Advisers LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at about $33,000. Cornerstone Planning Group LLC increased its position in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after buying an additional 56 shares in the last quarter. Finally, IMA Advisory Services Inc. acquired a new position in Union Pacific during the 1st quarter worth approximately $43,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on UNP shares. Citigroup cut Union Pacific from a “strong-buy” rating to a “hold” rating and reduced their price objective for the company from $270.00 to $250.00 in a research note on Wednesday, July 30th. Sanford C. Bernstein raised their price target on shares of Union Pacific from $271.00 to $286.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. BMO Capital Markets boosted their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Evercore ISI lowered their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. Finally, Wells Fargo & Company raised their target price on Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.21.

Union Pacific Price Performance

Union Pacific stock opened at $217.41 on Tuesday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company’s 50 day moving average price is $226.14 and its two-hundred day moving average price is $226.61. The stock has a market cap of $128.93 billion, a P/E ratio of 18.89, a P/E/G ratio of 2.14 and a beta of 1.03. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

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

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio 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.