Union Pacific Corporation (NYSE:UNP) Holdings Decreased by Allworth Financial LP

Allworth Financial LP decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 2.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,428 shares of the railroad operator's stock after selling 1,221 shares during the quarter. Allworth Financial LP's holdings in Union Pacific were worth $11,511,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Highline Wealth Partners LLC increased its stake 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 valued at $27,000 after acquiring an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new position in Union Pacific during the fourth quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL raised its stake in 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 purchasing an additional 45 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after purchasing an additional 56 shares during the last quarter. Finally, MorganRosel Wealth Management LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at $60,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on UNP shares. Barclays increased their target price on Union Pacific from $260.00 to $270.00 and gave the stock an "overweight" rating in a research report on Thursday. Jefferies Financial Group dropped their price target on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Citigroup lifted their price objective on Union Pacific from $244.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday. Sanford C. Bernstein reiterated an "outperform" rating and set a $271.00 target price (up previously from $267.00) on shares of Union Pacific in a report on Tuesday. Finally, Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $256.63.

Union Pacific Stock Down 0.8%

NYSE UNP traded down $1.99 during mid-day trading on Friday, reaching $235.01. 3,211,722 shares of the company's stock traded hands, compared to its average volume of 2,739,891. 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 Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The company has a fifty day simple moving average of $225.77 and a 200-day simple moving average of $231.10. The company has a market cap of $140.41 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 2.38 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 for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.69 EPS. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a $1.34 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific's dividend payout ratio (DPR) is presently 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.