Alps Advisors Inc. increased its holdings in Union Pacific Co. (NYSE:UNP) by 16.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 5,914 shares of the railroad operator’s stock after buying an additional 829 shares during the period. Alps Advisors Inc.’s holdings in Union Pacific were worth $793,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UNP. Summit Trail Advisors LLC raised its position in Union Pacific by 11.5% during the first quarter. Summit Trail Advisors LLC now owns 3,504 shares of the railroad operator’s stock valued at $478,000 after purchasing an additional 360 shares in the last quarter. Winthrop Partners WNY LLC raised its position in Union Pacific by 7.7% during the first quarter. Winthrop Partners WNY LLC now owns 5,080 shares of the railroad operator’s stock valued at $661,000 after purchasing an additional 364 shares in the last quarter. Whittier Trust Co. raised its position in Union Pacific by 0.7% during the second quarter. Whittier Trust Co. now owns 49,496 shares of the railroad operator’s stock valued at $7,013,000 after purchasing an additional 368 shares in the last quarter. Nicollet Investment Management Inc. raised its position in Union Pacific by 3.0% during the first quarter. Nicollet Investment Management Inc. now owns 13,450 shares of the railroad operator’s stock valued at $1,808,000 after purchasing an additional 390 shares in the last quarter. Finally, Cedar Hill Associates LLC raised its position in Union Pacific by 22.0% during the first quarter. Cedar Hill Associates LLC now owns 2,221 shares of the railroad operator’s stock valued at $299,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 82.25% of the company’s stock.

NYSE UNP opened at $149.46 on Friday. The firm has a market cap of $110.07 billion, a price-to-earnings ratio of 25.81, a P/E/G ratio of 1.80 and a beta of 0.83. Union Pacific Co. has a fifty-two week low of $102.87 and a fifty-two week high of $151.50. The company has a current ratio of 1.03, a quick ratio of 0.85 and a debt-to-equity ratio of 1.07.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 19th. The railroad operator reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. Union Pacific had a net margin of 51.31% and a return on equity of 23.63%. The company had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.65 billion. During the same quarter in the previous year, the firm posted $1.45 earnings per share. Union Pacific’s revenue for the quarter was up 8.0% on a year-over-year basis. sell-side analysts predict that Union Pacific Co. will post 7.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, August 31st will be paid a $0.80 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $0.73. The ex-dividend date is Thursday, August 30th. This represents a $3.20 annualized dividend and a dividend yield of 2.14%. Union Pacific’s payout ratio is currently 50.43%.

UNP has been the subject of several research analyst reports. Loop Capital boosted their price objective on shares of Union Pacific to $145.00 and gave the company a “hold” rating in a research report on Friday, April 27th. TD Securities decreased their target price on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, April 27th. ValuEngine raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Wednesday, May 9th. Stifel Nicolaus set a $151.00 target price on shares of Union Pacific and gave the stock a “hold” rating in a research note on Thursday, May 24th. Finally, Morgan Stanley boosted their target price on shares of Union Pacific from $125.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Friday, June 1st. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $147.35.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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