Farther Finance Advisors LLC Has $1.48 Million Position in Union Pacific Co. (NYSE:UNP)

Farther Finance Advisors LLC lifted its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 22.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,238 shares of the railroad operator's stock after buying an additional 1,154 shares during the quarter. Farther Finance Advisors LLC's holdings in Union Pacific were worth $1,480,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the fourth quarter worth about $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at $34,000. Strategic Investment Solutions Inc. IL lifted its holdings 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 acquiring an additional 45 shares in the last quarter. Kentucky Trust Co acquired a new position in shares of Union Pacific during the fourth quarter worth 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. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 0.9%

Shares of NYSE:UNP traded down $1.93 during midday trading on Friday, reaching $223.57. The company had a trading volume of 701,088 shares, compared to its average volume of 2,681,634. The company has a fifty day simple moving average of $220.59 and a two-hundred day simple moving average of $231.80. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The firm has a market cap of $133.57 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07.

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). The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.69 earnings per share. Research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

Analyst Ratings Changes

Several research analysts have recently weighed in on UNP shares. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. UBS Group decreased 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 Wednesday, April 2nd. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. The Goldman Sachs Group reissued a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a report on Monday, June 2nd. Finally, Wells Fargo & Company dropped their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $257.74.

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.