Delta Financial Advisors LLC Purchases New Stake in Union Pacific Corporation $UNP

Delta Financial Advisors LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,245 shares of the railroad operator’s stock, valued at approximately $1,003,000.

Several other institutional investors also recently modified their holdings of the stock. Five Oceans Advisors boosted its stake in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares during the period. Howard Capital Management Group LLC lifted its position in shares of Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after acquiring an additional 45 shares during the period. St. Johns Investment Management Company LLC raised its stake in Union Pacific by 1.6% in the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after purchasing an additional 46 shares in the last quarter. Hanson & Doremus Investment Management boosted its position in shares of Union Pacific by 2.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after acquiring an additional 46 shares in the last quarter. Finally, Silver Oak Securities Incorporated increased its stake in shares of Union Pacific by 4.5% in the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE:UNP opened at $229.67 on Friday. The company has a market capitalization of $136.23 billion, a P/E ratio of 19.51, a P/E/G ratio of 2.66 and a beta of 0.99. The business has a fifty day simple moving average of $231.23 and a two-hundred day simple moving average of $226.94. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, topping the consensus estimate of $2.99 by $0.09. The company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $2.75 EPS. On average, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is presently 46.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UNP shares. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. TD Cowen reiterated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on shares of Union Pacific in a research note on Thursday, December 11th. Barclays reissued an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $258.18.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.