Cwm LLC Decreases Stock Position in Union Pacific Corporation (NYSE:UNP)

Cwm LLC lessened its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 1.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120,546 shares of the railroad operator's stock after selling 1,512 shares during the period. Cwm LLC's holdings in Union Pacific were worth $28,478,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Highline Wealth Partners LLC raised its holdings 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 in the last quarter. Financial Gravity Asset Management Inc. bought a new position in Union Pacific in the 1st quarter worth $32,000. EnRich Financial Partners LLC bought a new position in Union Pacific in the 4th quarter worth $31,000. Strategic Investment Solutions Inc. IL lifted 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 worth $39,000 after purchasing an additional 45 shares during the period. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Union Pacific by 50.5% during 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 in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Susquehanna upgraded shares of Union Pacific from a "neutral" rating to a "positive" rating and raised their price objective for the stock from $245.00 to $260.00 in a report on Tuesday, June 24th. Baird R W upgraded Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a research note on Monday, June 2nd. UBS Group decreased their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Finally, Robert W. Baird began coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.63.

Union Pacific Trading Down 0.8%

Shares of NYSE:UNP opened at $235.01 on Monday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The stock's fifty day moving average price is $226.11 and its 200-day moving average price is $231.15. The company has a market cap of $140.41 billion, a P/E ratio of 21.17, a PEG ratio of 2.36 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 announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The company had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same period in the previous year, the business earned $2.69 EPS. The business's revenue was down .1% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis 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.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP - Free Report).

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.