Union Pacific Co. (UNP) Stake Increased by Cavalier Investments LLC

Cavalier Investments LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 21.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 6,390 shares of the railroad operator’s stock after acquiring an additional 1,147 shares during the quarter. Cavalier Investments LLC’s holdings in Union Pacific were worth $905,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Lenox Wealth Advisors LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $105,000. Ballew Advisors Inc bought a new stake in shares of Union Pacific during the 1st quarter worth $145,000. Exane Derivatives lifted its position in shares of Union Pacific by 85.1% during the 2nd quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock worth $155,000 after buying an additional 504 shares during the last quarter. Cerebellum GP LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $172,000. Finally, Townsend & Associates Inc lifted its position in shares of Union Pacific by 196.9% during the 2nd quarter. Townsend & Associates Inc now owns 1,253 shares of the railroad operator’s stock worth $177,000 after buying an additional 831 shares during the last quarter. Hedge funds and other institutional investors own 82.43% of the company’s stock.

Several research firms have commented on UNP. Zacks Investment Research downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. ValuEngine upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. TD Securities increased their target price on Union Pacific from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, June 1st. Scotiabank increased their target price on Union Pacific from $148.00 to $153.00 and gave the company a “sector perform” rating in a research report on Friday, June 1st. Finally, Credit Suisse Group increased their target price on Union Pacific from $160.00 to $165.00 and gave the company an “outperform” rating in a research report on Friday, June 1st. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $147.80.

Shares of UNP stock opened at $148.84 on Monday. The stock has a market capitalization of $110.01 billion, a PE ratio of 25.71, a P/E/G ratio of 1.80 and a beta of 0.83. The company has a quick ratio of 0.85, a current ratio of 1.03 and a debt-to-equity ratio of 1.07. Union Pacific Co. has a 1-year low of $102.87 and a 1-year high of $151.50.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders 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 2.15%. Union Pacific’s dividend payout ratio is presently 50.43%.

Union Pacific Profile

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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