Flossbach Von Storch SE Sells 62,121 Shares of Union Pacific Corporation (NYSE:UNP)

Flossbach Von Storch SE lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 31.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 138,584 shares of the railroad operator's stock after selling 62,121 shares during the period. Flossbach Von Storch SE's holdings in Union Pacific were worth $32,739,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Highline Wealth Partners LLC grew its position in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after acquiring an additional 59 shares during the last quarter. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $31,000. Strategic Investment Solutions Inc. IL raised its stake in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after buying an additional 45 shares during the period. MorganRosel Wealth Management LLC acquired a new stake in Union Pacific during the 1st quarter worth $60,000. Finally, Meeder Asset Management Inc. raised its stake in Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after buying an additional 212 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on UNP shares. Citigroup lifted their price target on Union Pacific from $244.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday. The Goldman Sachs Group restated a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a report on Monday, June 2nd. Stephens decreased their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Barclays raised their price objective on Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a report on Thursday. Finally, Wells Fargo & Company decreased their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $256.63.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $1.99 during midday trading on Friday, hitting $235.01. 3,211,722 shares of the company's stock traded hands, compared to its average volume of 2,735,022. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The stock has a market capitalization of $140.41 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The firm has a fifty day moving average of $225.77 and a 200 day moving average of $231.10.

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

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. 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.