CX Institutional Has $13.66 Million Position in Union Pacific Co. (NYSE:UNP)

CX Institutional boosted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 41.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,801 shares of the railroad operator's stock after purchasing an additional 16,905 shares during the period. CX Institutional's holdings in Union Pacific were worth $13,655,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific in the fourth quarter worth $31,000. PrairieView Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth about $34,000. Strategic Investment Solutions Inc. IL raised its stake in shares of Union Pacific by 38.8% during 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 during the last quarter. Kentucky Trust Co acquired a new position in shares of Union Pacific in the 4th quarter valued at about $40,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth about $45,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the subject of several recent research reports. Susquehanna reduced their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Friday, April 25th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a report on Friday, March 7th. They set a "buy" rating and a $295.00 target price for the company. Raymond James reissued a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Finally, Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and dropped their target price for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $257.74.

Union Pacific Price Performance

Shares of NYSE UNP traded down $1.64 during mid-day trading on Thursday, reaching $224.08. 722,870 shares of the company traded hands, compared to its average volume of 2,681,792. The firm has a market cap of $133.88 billion, a PE ratio of 20.21, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a fifty day simple moving average of $220.28 and a 200-day simple moving average of $231.96.

Union Pacific (NYSE:UNP - Get Free Report) last posted 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 net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the business posted $2.69 EPS. The business's revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.39%. 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.