Union Pacific Corporation (NYSE:UNP) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 6.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,127 shares of the railroad operator's stock after selling 3,475 shares during the period. Kestra Private Wealth Services LLC's holdings in Union Pacific were worth $11,606,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC lifted its holdings in shares of Union Pacific by 103.5% in 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 purchased a new stake in Union Pacific in the 4th quarter worth about $31,000. Financial Gravity Asset Management Inc. purchased a new stake in Union Pacific in the 1st quarter worth about $32,000. Cornerstone Planning Group LLC lifted its stake in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after purchasing an additional 56 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its stake in Union Pacific by 38.8% in the fourth 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 during the last quarter. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on UNP shares. Jefferies Financial Group reduced their target price on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday. Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 target price on the stock. Morgan Stanley lowered their price target on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a report on Monday, July 7th. Finally, Susquehanna raised shares of Union Pacific from a "neutral" rating to a "positive" rating and increased their target price for the company from $245.00 to $260.00 in a research report on Tuesday, June 24th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $257.13.

Union Pacific Price Performance

NYSE UNP traded down $2.59 on Friday, hitting $224.90. The company had a trading volume of 5,793,560 shares, compared to its average volume of 2,753,150. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The company's fifty day moving average price is $227.52 and its 200-day moving average price is $231.17. The company has a market capitalization of $134.37 billion, a PE ratio of 20.26, a PEG ratio of 2.25 and a beta of 1.05. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07.

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 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 40.80% and a net margin of 27.76%. The firm's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.69 earnings per share. As a group, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, August 29th. This is an increase from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a yield of 2.45%. Union Pacific's payout ratio is 48.29%.

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.