Union Pacific Corporation (NYSE:UNP) Shares Bought by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC grew its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 161.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118,449 shares of the railroad operator's stock after acquiring an additional 73,086 shares during the quarter. Union Pacific accounts for 1.2% of Alpha Cubed Investments LLC's portfolio, making the stock its 25th biggest holding. Alpha Cubed Investments LLC's holdings in Union Pacific were worth $27,982,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Allred Capital Management LLC increased its holdings in shares of Union Pacific by 0.5% during the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock worth $1,904,000 after buying an additional 40 shares during the last quarter. Palogic Value Management L.P. increased its holdings in Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock valued at $644,000 after purchasing an additional 42 shares in the last quarter. Mystic Asset Management Inc. increased its holdings in Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator's stock valued at $527,000 after purchasing an additional 45 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in 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. Finally, Ironwood Investment Counsel LLC increased its holdings in Union Pacific by 1.3% in the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator's stock valued at $789,000 after purchasing an additional 46 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.5%

Shares of UNP stock traded up $1.15 during trading hours on Tuesday, hitting $236.50. 2,574,339 shares of the company were exchanged, compared to its average volume of 2,726,251. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07. The business's 50-day simple moving average is $224.45 and its two-hundred day simple moving average is $230.95. The stock has a market capitalization of $141.30 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 2.36 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last issued its 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). 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 in the prior year, the business earned $2.69 EPS. The business's revenue was down .1% on a year-over-year basis. Sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued 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 yield of 2.27%. Union Pacific's dividend payout ratio is currently 48.29%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNP. Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a report on Monday, June 2nd. Barclays lowered their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Baird R W upgraded Union Pacific to a "hold" rating in a report on Tuesday, July 1st. Finally, Susquehanna upgraded Union Pacific from a "neutral" rating to a "positive" rating and increased their price target for the company from $245.00 to $260.00 in a report on Tuesday, June 24th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $255.13.

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.