Union Pacific Corporation (NYSE:UNP) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC decreased its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 177,355 shares of the railroad operator's stock after selling 4,381 shares during the period. Calamos Advisors LLC's holdings in Union Pacific were worth $41,898,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Highline Wealth Partners LLC raised its stake in Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL raised its position 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 valued at $39,000 after buying an additional 45 shares during the last quarter. MorganRosel Wealth Management LLC purchased a new position in shares of Union Pacific during the first quarter valued at approximately $60,000. Finally, Meeder Asset Management Inc. boosted its position in Union Pacific by 223.2% during the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after acquiring an additional 212 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.3%

NYSE:UNP traded down $0.72 during mid-day trading on Friday, hitting $236.45. The company had a trading volume of 1,327,641 shares, compared to its average volume of 2,719,394. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The business has a fifty day simple moving average of $223.53 and a 200-day simple moving average of $230.75. 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 firm has a market capitalization of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.37 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.69 earnings per share. Equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific's payout ratio is currently 48.29%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UNP. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. Baird R W raised Union Pacific to a "hold" rating in a research report on Tuesday. Jefferies Financial Group decreased their price target on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. Finally, UBS Group cut their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $256.91.

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.