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

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

Several other large investors have also bought and sold shares of the business. Principal Financial Group Inc. raised its position in shares of Union Pacific by 4.4% in the 3rd quarter. Principal Financial Group Inc. now owns 927,992 shares of the railroad operator's stock valued at $228,732,000 after acquiring an additional 39,014 shares during the period. Nordea Investment Management AB grew its holdings in shares of Union Pacific by 3.9% in the 4th quarter. Nordea Investment Management AB now owns 107,488 shares of the railroad operator's stock valued at $24,499,000 after buying an additional 4,075 shares during the period. CWA Asset Management Group LLC increased its position in shares of Union Pacific by 3.3% in the 4th quarter. CWA Asset Management Group LLC now owns 7,816 shares of the railroad operator's stock valued at $1,782,000 after buying an additional 251 shares in the last quarter. Douglas Lane & Associates LLC lifted its holdings in Union Pacific by 4.8% during the fourth quarter. Douglas Lane & Associates LLC now owns 2,856 shares of the railroad operator's stock worth $651,000 after acquiring an additional 132 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC grew its stake in Union Pacific by 18.8% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 4,205 shares of the railroad operator's stock valued at $959,000 after acquiring an additional 664 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP traded down $0.64 during mid-day trading on Friday, hitting $216.20. 2,172,909 shares of the company's stock were exchanged, compared to its average volume of 2,612,947. The firm has a market cap of $129.17 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The stock's 50-day simple moving average is $225.66 and its 200-day simple moving average is $233.73.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.48%. Union Pacific's dividend payout ratio is currently 48.29%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Susquehanna decreased their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Friday, April 25th. Loop Capital lowered Union Pacific from a "hold" rating to a "sell" rating and dropped their target price for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Stephens cut 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 report on Monday, April 28th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price objective on the stock. Finally, Barclays decreased their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.