D.A. Davidson & CO. Sells 2,018 Shares of Union Pacific Corporation (NYSE:UNP)

D.A. Davidson & CO. lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 1.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,580 shares of the railroad operator's stock after selling 2,018 shares during the quarter. D.A. Davidson & CO.'s holdings in Union Pacific were worth $34,864,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of UNP. Allred Capital Management LLC grew its holdings in shares of Union Pacific by 0.5% during 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 in the last quarter. Palogic Value Management L.P. grew its holdings in Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock worth $644,000 after acquiring an additional 42 shares during the last quarter. Mystic Asset Management Inc. grew its position in shares of Union Pacific by 2.0% in the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator's stock worth $527,000 after buying an additional 45 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its holdings in 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 in the last quarter. Finally, Ironwood Investment Counsel LLC grew its stake in Union Pacific by 1.3% in the fourth quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator's stock worth $789,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UNP. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Baird R W upgraded shares of Union Pacific to a "hold" rating in a report on Tuesday. Susquehanna raised shares of Union Pacific from a "neutral" rating to a "positive" rating and raised their price target for the company from $245.00 to $260.00 in a research report on Tuesday, June 24th. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 target price on the stock. Finally, Stifel Nicolaus dropped their price objective on Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and an average price target of $256.91.

Union Pacific Stock Performance

Shares of NYSE:UNP traded down $0.72 during midday trading on Friday, hitting $236.45. The company had a trading volume of 1,327,641 shares, compared to its average volume of 2,719,394. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a fifty day moving average of $223.53 and a two-hundred day moving average of $230.75. The company has a market cap of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG 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 EPS 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 company had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the previous year, the company earned $2.69 EPS. The business's quarterly revenue was down .1% compared to the same quarter last year. On average, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date was Friday, May 30th. Union Pacific's payout ratio is 48.29%.

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.