Cornerstone Select Advisors LLC Acquires Shares of 4,844 Union Pacific Co. (NYSE:UNP)

Cornerstone Select Advisors LLC purchased a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,844 shares of the railroad operator's stock, valued at approximately $1,105,000.

Other institutional investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new stake in Union Pacific in the 4th quarter valued at $29,000. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $31,000. PrairieView Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $34,000. Finally, Strategic Investment Solutions Inc. IL increased its stake in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Up 6.2%

NYSE UNP traded up $13.31 on Monday, hitting $229.63. The company's stock had a trading volume of 2,342,210 shares, compared to its average volume of 2,612,160. The company has a quick ratio of 0.62, a current ratio of 0.77 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's 50-day moving average is $225.66 and its 200 day moving average is $233.76. The firm has a market cap of $137.20 billion, a PE ratio of 20.72, a PEG ratio of 2.15 and a beta of 1.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the company earned $2.69 earnings per share. The company's quarterly revenue was down .1% compared to the same quarter last year. As a group, analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is 48.29%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UNP. Robert W. Baird upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Raymond James reiterated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Stephens decreased their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Finally, Jefferies Financial Group decreased their price target on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has an average rating of "Moderate Buy" and an average price target of $257.86.

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.