Beacon Investment Advisory Services Inc. Has $12.57 Million Stock Position in Union Pacific Corporation (NYSE:UNP)

Beacon Investment Advisory Services Inc. lessened its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 6.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,202 shares of the railroad operator's stock after selling 3,425 shares during the period. Beacon Investment Advisory Services Inc.'s holdings in Union Pacific were worth $12,568,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UNP. Highline Wealth Partners LLC lifted its stake in shares of Union Pacific by 103.5% during the first 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 period. EnRich Financial Partners LLC bought a new stake in Union Pacific during the 4th quarter worth about $31,000. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific during the 1st quarter valued at about $32,000. Cornerstone Planning Group LLC boosted its stake 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, Strategic Investment Solutions Inc. IL grew 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 buying an additional 45 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several analyst reports. Morgan Stanley cut their price objective on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a report on Monday, July 7th. Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price target on the stock. Barclays lifted their price objective on Union Pacific from $260.00 to $270.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Bank of America upped their price objective on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a report on Friday, May 16th. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a report on Tuesday, July 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and an average target price of $257.75.

Union Pacific Stock Down 4.4%

UNP stock traded down $10.09 during trading hours on Thursday, reaching $220.91. 9,783,011 shares of the stock were exchanged, compared to its average volume of 3,064,157. The firm's 50-day moving average is $227.49 and its 200-day moving average is $231.13. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a market cap of $131.99 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 2.31 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same period last year, the company earned $2.74 earnings per share. Union Pacific's quarterly revenue was up 2.4% on a year-over-year basis. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, August 29th. This is an increase from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.50%. Union Pacific's dividend payout ratio (DPR) is 48.29%.

About Union Pacific

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.