Global Assets Advisory LLC Takes Position in Union Pacific Corporation (NYSE:UNP)

Global Assets Advisory LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,443 shares of the railroad operator's stock, valued at approximately $545,000.

Other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC lifted its position in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Meeder Asset Management Inc. grew its holdings in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock valued at $70,000 after purchasing an additional 212 shares during the last quarter. Finally, Transce3nd LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $72,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on UNP shares. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price on the stock in a research report on Wednesday, April 16th. Wells Fargo & Company cut their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Stifel Nicolaus dropped their target price on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Stephens reduced their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. 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 issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $258.39.

Union Pacific Stock Performance

Shares of NYSE:UNP traded up $1.97 during midday trading on Friday, reaching $231.36. The company had a trading volume of 7,430,636 shares, compared to its average volume of 2,713,770. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $258.07. The company's 50 day moving average price is $221.89 and its 200 day moving average price is $230.76. The stock has a market cap of $138.23 billion, a P/E ratio of 20.84, a P/E/G ratio of 2.30 and a beta of 1.05. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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). The firm had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company's revenue was down .1% compared to the same quarter last year. During the same period last year, the business posted $2.69 EPS. As a group, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 2.32%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is currently 48.29%.

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.