First Horizon Advisors Inc. Acquires 5,213 Shares of Union Pacific Corporation (NYSE:UNP)

First Horizon Advisors Inc. lifted its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 6.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 88,771 shares of the railroad operator's stock after acquiring an additional 5,213 shares during the quarter. First Horizon Advisors Inc.'s holdings in Union Pacific were worth $20,972,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norden Group LLC raised its position in Union Pacific by 5.5% during the fourth quarter. Norden Group LLC now owns 1,543 shares of the railroad operator's stock worth $352,000 after acquiring an additional 81 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in Union Pacific by 223.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,392 shares of the railroad operator's stock valued at $318,000 after purchasing an additional 962 shares during the last quarter. Triad Wealth Partners LLC bought a new position in Union Pacific during the fourth quarter worth about $314,000. J.Safra Asset Management Corp increased its position in Union Pacific by 17.3% during the fourth quarter. J.Safra Asset Management Corp now owns 1,060 shares of the railroad operator's stock worth $241,000 after buying an additional 156 shares during the last quarter. Finally, Assetmark Inc. raised its stake in Union Pacific by 16.3% in the fourth quarter. Assetmark Inc. now owns 35,897 shares of the railroad operator's stock valued at $8,186,000 after buying an additional 5,035 shares during the period. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on UNP shares. Argus raised Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Jefferies Financial Group cut their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 target price on the stock. UBS Group decreased their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Redburn Atlantic raised Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price for the company in a report on Wednesday, April 16th. One 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 MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $256.91.

Union Pacific Price Performance

NYSE:UNP traded down $0.72 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. The stock has a market capitalization of $141.27 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 2.38 and a beta of 1.05. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The firm has a 50 day moving average of $223.53 and a two-hundred day moving average of $230.75.

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

Union Pacific Dividend Announcement

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