Jmac Enterprises LLC Boosts Holdings in Union Pacific Corporation $UNP

Jmac Enterprises LLC increased its holdings in Union Pacific Corporation (NYSE:UNP) by 54.2% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,561 shares of the railroad operator’s stock after buying an additional 900 shares during the quarter. Jmac Enterprises LLC’s holdings in Union Pacific were worth $589,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Highline Wealth Partners LLC grew its stake in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC grew its stake in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares during the period. Financial Gravity Asset Management Inc. bought a new position in shares of Union Pacific during the 1st quarter valued at approximately $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific during the 1st quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $234.65 on Friday. The stock’s fifty day moving average is $223.43 and its two-hundred day moving average is $224.59. The company has a market capitalization of $139.16 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 2.45 and a beta of 1.07. 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 Corporation has a 52 week low of $204.66 and a 52 week high of $256.84.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (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 the consensus estimate of $6.09 billion. During the same quarter in the prior year, the company earned $2.74 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. As a group, 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 was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a dividend of $1.38 per share. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. BMO Capital Markets boosted their price objective on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. Susquehanna reissued a “positive” rating and issued a $272.00 price target (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. Morgan Stanley lowered their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Monday, July 7th. Finally, Baird R W raised Union Pacific to a “hold” rating in a report on Tuesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $260.00.

Union Pacific Company 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.