Azzad Asset Management Inc. ADV Has $2.05 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Azzad Asset Management Inc. ADV raised its stake in Union Pacific Co. (NYSE:UNP) by 2.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,340 shares of the railroad operator’s stock after buying an additional 218 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Union Pacific were worth $2,051,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A bought a new position in shares of Union Pacific during the fourth quarter valued at $25,000. Richardson Capital Management LLC bought a new position in shares of Union Pacific during the first quarter valued at $26,000. Raleigh Capital Management Inc. raised its stake in shares of Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 74 shares during the last quarter. Valued Wealth Advisors LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $28,000. Finally, Scarborough Advisors LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on UNP. Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their price target for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Wells Fargo & Company began coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price target for the company. TD Cowen lifted their target price on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. lifted their target price on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Finally, The Goldman Sachs Group lifted their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Eight 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $258.92.

Union Pacific Stock Up 0.0 %

Union Pacific stock opened at $225.57 on Thursday. Union Pacific Co. has a 1-year low of $199.33 and a 1-year high of $258.66. The firm has a market capitalization of $137.63 billion, a price-to-earnings ratio of 21.52, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The firm’s fifty day moving average price is $232.90 and its two-hundred day moving average price is $240.08. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.67 earnings per share. On average, equities research analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.31%. Union Pacific’s dividend payout ratio 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.