CWA Asset Management Group LLC Grows Stake in Union Pacific Corporation (NYSE:UNP)

CWA Asset Management Group LLC grew its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 19.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,310 shares of the railroad operator's stock after purchasing an additional 1,494 shares during the period. CWA Asset Management Group LLC's holdings in Union Pacific were worth $2,200,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Highline Wealth Partners LLC increased its position in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at about $31,000. Strategic Investment Solutions Inc. IL grew its position in 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 buying an additional 45 shares in the last quarter. Centricity Wealth Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $51,000. Finally, Midwest Capital Advisors LLC acquired a new stake in Union Pacific during the fourth quarter worth about $54,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Stifel Nicolaus cut their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Susquehanna dropped their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Friday, April 25th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Finally, Jefferies Financial Group reduced their target price on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $257.74.

Union Pacific Trading Up 0.2%

Shares of NYSE:UNP traded up $0.34 during mid-day trading on Friday, reaching $222.35. 4,274,305 shares of the company's stock were exchanged, compared to its average volume of 2,693,082. The firm has a market capitalization of $132.85 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 2.23 and a beta of 1.05. The business's fifty day moving average price is $221.18 and its 200-day moving average price is $231.04. 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 twelve month low of $204.66 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results 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). The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm posted $2.69 earnings per share. On average, research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

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.