Allegheny Financial Group Decreases Position in Union Pacific Co. (NYSE:UNP)

Allegheny Financial Group decreased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 13.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,226 shares of the railroad operator's stock after selling 1,302 shares during the quarter. Allegheny Financial Group's holdings in Union Pacific were worth $1,876,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Allred Capital Management LLC raised its position in shares of Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock valued at $1,904,000 after buying an additional 40 shares in the last quarter. Palogic Value Management L.P. boosted its holdings in shares of Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock valued at $644,000 after purchasing an additional 42 shares in the last quarter. Roble Belko & Company Inc increased its stake in shares of Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock valued at $49,000 after purchasing an additional 45 shares during the last quarter. Pflug Koory LLC lifted its holdings in shares of Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator's stock worth $1,954,000 after acquiring an additional 45 shares during the last quarter. Finally, Baron Wealth Management LLC lifted its stake in Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator's stock valued at $321,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Jefferies Financial Group lowered their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company reduced their target price on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price objective for the company. Finally, UBS Group dropped their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and a consensus price target of $257.86.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $1.73 during mid-day trading on Monday, hitting $216.56. The company had a trading volume of 1,895,597 shares, compared to its average volume of 2,589,959. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a market capitalization of $129.39 billion, a price-to-earnings ratio of 19.53, a P/E/G ratio of 2.15 and a beta of 1.06. The stock's 50-day moving average price is $228.61 and its 200-day moving average price is $234.60.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Union Pacific's revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.69 EPS. On average, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.48%. Union Pacific's payout ratio is presently 48.29%.

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.