Cerity Partners LLC Has $93.92 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Cerity Partners LLC increased its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 397,567 shares of the railroad operator's stock after buying an additional 12,290 shares during the quarter. Cerity Partners LLC owned approximately 0.07% of Union Pacific worth $93,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Allred Capital Management LLC increased its position in shares of Union Pacific by 0.5% in the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock worth $1,904,000 after purchasing an additional 40 shares during the period. Palogic Value Management L.P. grew its stake in Union Pacific by 1.5% during the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock worth $644,000 after buying 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 buying an additional 45 shares during the period. Strategic Investment Solutions Inc. IL raised its position in shares of 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 buying an additional 45 shares in the last quarter. Finally, Ironwood Investment Counsel LLC raised its position in shares of 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 buying an additional 46 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on UNP shares. Wells Fargo & Company reduced their price target on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Stephens dropped their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. 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. Morgan Stanley dropped their target price on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a report on Monday. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $271.00 price target (up from $267.00) on shares of Union Pacific in a report on Tuesday. 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. Based on data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and a consensus price target of $256.63.

Union Pacific Trading Down 0.8%

Shares of UNP traded down $1.99 during trading hours on Friday, hitting $235.01. 3,211,722 shares of the stock were exchanged, compared to its average volume of 2,739,891. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The business has a 50-day moving average of $225.77 and a 200-day moving average of $231.10. The firm has a market capitalization of $140.41 billion, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 2.38 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 issued 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). 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 for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the business posted $2.69 earnings per share. The business's revenue was down .1% on a year-over-year basis. On average, research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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