Stokes Family Office LLC Has $1.68 Million Stake in Union Pacific Co. (NYSE:UNP)

Stokes Family Office LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 15.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,830 shares of the railroad operator’s stock after purchasing an additional 901 shares during the period. Stokes Family Office LLC’s holdings in Union Pacific were worth $1,680,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. GSA Capital Partners LLP lifted its holdings in shares of Union Pacific by 173.3% in the 3rd quarter. GSA Capital Partners LLP now owns 4,203 shares of the railroad operator’s stock worth $856,000 after purchasing an additional 2,665 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC acquired a new position in shares of Union Pacific during the third quarter valued at about $362,000. Neo Ivy Capital Management bought a new stake in shares of Union Pacific during the third quarter worth about $829,000. American Century Companies Inc. raised its holdings in shares of Union Pacific by 1.8% in the 3rd quarter. American Century Companies Inc. now owns 792,439 shares of the railroad operator’s stock worth $161,364,000 after acquiring an additional 14,152 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in Union Pacific by 0.3% in the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after acquiring an additional 19,145 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Susquehanna dropped their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a report on Tuesday, April 9th. TD Cowen increased their target price on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Jefferies Financial Group assumed coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Finally, Benchmark increased their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $258.63.

Union Pacific Stock Performance

Shares of UNP traded up $1.48 during trading hours on Friday, hitting $230.20. The company’s stock had a trading volume of 1,912,316 shares, compared to its average volume of 2,268,841. The business has a 50 day simple moving average of $231.01 and a two-hundred day simple moving average of $239.30. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The company has a market cap of $140.45 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 1.91 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.67 EPS. On average, equities analysts expect that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is currently 49.62%.

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.