Kentucky Retirement Systems Insurance Trust Fund Has $4.19 Million Stock Position in Union Pacific Corporation (NYSE:UNP)

Kentucky Retirement Systems Insurance Trust Fund grew its stake in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 8.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,747 shares of the railroad operator's stock after buying an additional 1,437 shares during the period. Kentucky Retirement Systems Insurance Trust Fund's holdings in Union Pacific were worth $4,193,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC boosted its holdings in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after buying an additional 59 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific during the fourth quarter worth about $31,000. 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 purchasing an additional 45 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $51,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $54,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP opened at $222.35 on Friday. The company has a market cap of $132.85 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 2.23 and a beta of 1.05. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The company's fifty day simple moving average is $221.26 and its 200 day simple moving average is $230.91. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share 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 business 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 company posted $2.69 EPS. The firm's revenue was down .1% on a year-over-year basis. On average, research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UNP. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Stifel Nicolaus decreased their price objective on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Argus upgraded Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Stephens decreased their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Finally, Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $257.74.

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.

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