Kovack Advisors Inc. Has $311,000 Holdings in Union Pacific Co. (NYSE:UNP)

Kovack Advisors Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 14.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,266 shares of the railroad operator’s stock after selling 210 shares during the period. Kovack Advisors Inc.’s holdings in Union Pacific were worth $311,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Desjardins Global Asset Management Inc. raised its position in shares of Union Pacific by 1.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares in the last quarter. Twin Capital Management Inc. raised its position in shares of Union Pacific by 3.0% during the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock valued at $342,000 after buying an additional 41 shares in the last quarter. Sunburst Financial Group LLC raised its position in shares of Union Pacific by 1.8% during the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock valued at $588,000 after buying an additional 42 shares in the last quarter. Mission Wealth Management LP raised its position in shares of Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after buying an additional 42 shares in the last quarter. Finally, Berkeley Capital Partners LLC raised its position in shares of Union Pacific by 1.0% during the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after buying an additional 42 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.0 %

Shares of NYSE UNP opened at $225.57 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The firm’s 50 day moving average price is $232.77 and its 200-day moving average price is $239.98. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a market cap of $137.62 billion, a PE ratio of 21.52, a P/E/G ratio of 1.92 and a beta of 1.06.

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

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were issued a dividend of $1.30 per share. 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 payout ratio is 49.62%.

Analysts Set New Price Targets

UNP has been the topic of a number of analyst reports. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. Benchmark lifted their target price on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Susquehanna decreased their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 25th. Jefferies Financial Group initiated coverage on shares of Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 target price on the stock. Finally, Evercore ISI lifted their target price on shares of Union Pacific from $271.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $258.92.

About Union Pacific

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.