Crestline Management LP Buys New Position in Union Pacific Co. (NYSE:UNP)

Crestline Management LP bought a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 75,964 shares of the railroad operator's stock, valued at approximately $17,323,000. Union Pacific comprises about 0.6% of Crestline Management LP's investment portfolio, making the stock its 26th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Compass Financial Services Inc acquired a new stake in shares of Union Pacific in the fourth quarter valued at $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $29,000. EnRich Financial Partners LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Susquehanna decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Friday, April 25th. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and dropped their target price for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Raymond James reiterated a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. Finally, TD Cowen boosted their target price on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $257.86.

Union Pacific Price Performance

Shares of NYSE UNP traded down $0.64 during trading on Friday, hitting $216.20. 2,172,909 shares of the company were exchanged, compared to its average volume of 2,612,947. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm's fifty day moving average price is $225.66 and its 200 day moving average price is $233.73. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a market cap of $129.17 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 2.15 and a beta of 1.07.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.48%. Union Pacific's dividend 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.