3Chopt Investment Partners LLC Acquires Shares of 1,324 Union Pacific Corporation (NYSE:UNP)

3Chopt Investment Partners LLC purchased a new stake in Union Pacific Corporation (NYSE:UNP - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 1,324 shares of the railroad operator's stock, valued at approximately $313,000.

Several other hedge funds and other institutional investors have also bought and sold shares of UNP. Fiduciary Trust Co lifted its holdings in shares of Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after purchasing an additional 2,807 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $781,000. Miramar Capital LLC lifted its stake in Union Pacific by 3.1% in the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator's stock valued at $12,443,000 after buying an additional 1,648 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in shares of Union Pacific by 11.9% in the first quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator's stock valued at $461,000 after buying an additional 207 shares during the period. Finally, Argentarii LLC bought a new stake in shares of Union Pacific during the fourth quarter worth $1,005,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Trading Down 0.5%

Shares of UNP traded down $1.12 during trading hours on Monday, hitting $230.29. 3,578,991 shares of the stock were exchanged, compared to its average volume of 2,714,116. The firm has a market capitalization of $137.59 billion, a P/E ratio of 20.75, a price-to-earnings-growth ratio of 2.32 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a fifty-two week low of $100.00 and a fifty-two week high of $258.07. The business has a 50-day moving average of $222.11 and a 200-day moving average of $230.68.

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 40.80% and a net margin of 27.76%. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the business posted $2.69 earnings per share. The business's revenue was down .1% on a year-over-year basis. On average, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm 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 dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, May 30th. Union Pacific's payout ratio is 48.29%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Stephens lowered their target price on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. 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 target price on the stock. Finally, UBS Group dropped their target price on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $258.39.

Union Pacific Company 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.