Sone Capital Management LLC Buys New Stake in Union Pacific Co. (NYSE:UNP)

Sone Capital Management LLC purchased a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,090 shares of the railroad operator's stock, valued at approximately $1,845,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Compass Financial Services Inc purchased a new stake in shares of Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth $29,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth $31,000. PrairieView Partners LLC purchased a new stake in shares of Union Pacific during the 4th quarter worth $34,000. Finally, Strategic Investment Solutions Inc. IL lifted its position in shares of Union Pacific by 38.8% during the 4th 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 last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

UNP stock traded down $4.60 during trading on Wednesday, hitting $223.73. The company had a trading volume of 2,183,560 shares, compared to its average volume of 2,643,953. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The firm has a 50-day moving average price of $223.60 and a 200-day moving average price of $233.56. The firm has a market cap of $133.67 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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 analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same period in the prior year, the firm posted $2.69 EPS. Union Pacific's revenue for the quarter was down .1% compared to the same quarter last year. On average, analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is currently 48.29%.

Analysts Set New Price Targets

Several research firms have recently issued reports on UNP. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. TD Cowen lifted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Jefferies Financial Group reduced their price target on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Guggenheim raised their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, Redburn Atlantic upgraded 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. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of "Moderate Buy" and an average price target of $257.50.

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.