Crestwood Advisors Group LLC Raises Stake in Union Pacific Corporation (NYSE:UNP)

Crestwood Advisors Group LLC raised its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 34.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,918 shares of the railroad operator's stock after acquiring an additional 2,529 shares during the quarter. Crestwood Advisors Group LLC's holdings in Union Pacific were worth $2,343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC raised its holdings in shares of Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after buying an additional 59 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific in the 1st quarter valued at $32,000. EnRich Financial Partners LLC acquired a new position in Union Pacific in the 4th quarter valued at $31,000. Strategic Investment Solutions Inc. IL increased its stake in shares of 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 acquiring an additional 45 shares during the period. Finally, Cornerstone Planning Group LLC increased its stake in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after acquiring an additional 56 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Up 0.5%

Shares of UNP stock opened at $225.97 on Tuesday. The firm has a market capitalization of $135.01 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The firm's fifty day simple moving average is $227.52 and its 200 day simple moving average is $231.19. 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 (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the prior year, the company posted $2.69 earnings per share. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a dividend of $1.38 per share. The ex-dividend date 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 yield of 2.44%. Union Pacific's dividend payout ratio is presently 48.29%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UNP. Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a report on Monday, April 14th. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. Finally, Baird R W raised shares of Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. 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 issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $257.75.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.