Van Hulzen Asset Management LLC Acquires Shares of 13,067 Union Pacific Corporation $UNP

Van Hulzen Asset Management LLC acquired a new position in Union Pacific Corporation (NYSE:UNP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,067 shares of the railroad operator’s stock, valued at approximately $3,554,000.

Several other large investors also recently made changes to their positions in UNP. Capital Advisors Inc. OK grew its stake in shares of Union Pacific by 1.8% during the second quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock valued at $513,000 after purchasing an additional 34 shares during the last quarter. Tiemann Investment Advisors LLC raised its position in Union Pacific by 1.7% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock worth $576,000 after purchasing an additional 35 shares during the last quarter. Burford Brothers Inc. lifted its holdings in Union Pacific by 1.9% during the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock worth $511,000 after buying an additional 35 shares in the last quarter. TFR Capital LLC. boosted its position in Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after buying an additional 36 shares during the last quarter. Finally, Key Financial Inc boosted its position in Union Pacific by 2.1% in the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock valued at $442,000 after buying an additional 38 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on UNP shares. Citigroup lifted their price objective on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Robert W. Baird increased their price target on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Erste Group Bank began coverage on Union Pacific in a research note on Thursday, August 27th. They set a “buy” rating for the company. Susquehanna upped their price objective on Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Finally, Evercore restated an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $320.89.

Union Pacific Trading Down 1.1%

NYSE:UNP opened at $285.27 on Thursday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.82. The business’s 50-day simple moving average is $294.77 and its 200-day simple moving average is $271.51. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The stock has a market capitalization of $169.47 billion, a PE ratio of 23.10, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. During the same period in the prior year, the business earned $3.03 EPS. Union Pacific’s revenue for the quarter was up 11.5% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Corporation will post 13.02 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be issued a dividend of $1.42 per share. The ex-dividend date is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is 45.99%.

Union Pacific Company Profile

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.