3,100 Shares in Union Pacific Corporation (NYSE:UNP) Purchased by Advisor Resource Council

Advisor Resource Council purchased a new position in Union Pacific Corporation (NYSE:UNP - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,100 shares of the railroad operator's stock, valued at approximately $728,000.

Several other hedge funds have also recently made changes to their positions in UNP. Highline Wealth Partners LLC increased its holdings in 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 acquiring an additional 59 shares during the period. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the fourth quarter worth $31,000. Strategic Investment Solutions Inc. IL increased its holdings in shares of Union Pacific by 38.8% in the fourth 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 period. Centricity Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth $51,000. Finally, Midwest Capital Advisors LLC bought a new position in Union Pacific in the 4th quarter worth about $54,000. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on UNP. Stephens decreased their price objective 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. Argus raised Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective on the stock in a research report on Wednesday, April 16th. Finally, UBS Group reduced their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $257.74.

Union Pacific Stock Performance

UNP stock traded up $0.34 on Friday, hitting $222.35. The company had a trading volume of 4,274,305 shares, compared to its average volume of 2,690,554. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The stock's 50-day simple moving average is $221.26 and its 200 day simple moving average is $230.89. The stock has a market cap of $132.85 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 2.23 and a beta of 1.05.

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 (EPS) 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 analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the business earned $2.69 earnings per share. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.41%. Union Pacific's payout ratio is 48.29%.

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.