Union Pacific Corporation (NYSE:UNP) Stock Position Lifted by Keybank National Association OH

Keybank National Association OH grew its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 288,141 shares of the railroad operator's stock after acquiring an additional 7,243 shares during the quarter. Keybank National Association OH's holdings in Union Pacific were worth $68,070,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of UNP. Highline Wealth Partners LLC increased its position in shares of 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 purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new position in shares of Union Pacific in the 4th quarter valued at about $31,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after buying an additional 45 shares during the period. MorganRosel Wealth Management LLC purchased a new stake in Union Pacific during the first quarter worth approximately $60,000. Finally, Meeder Asset Management Inc. lifted its stake in Union Pacific by 223.2% during the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after purchasing an additional 212 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.3%

UNP traded down $0.72 on Thursday, reaching $236.45. The company's stock had a trading volume of 1,327,641 shares, compared to its average volume of 2,719,394. The stock has a market cap of $141.27 billion, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 2.38 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 has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The business's 50 day moving average is $223.53 and its 200 day moving average is $230.75.

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 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 analysts' expectations of $6.11 billion. During the same period in the prior year, the company posted $2.69 EPS. The company's revenue for the quarter was down .1% on a year-over-year basis. As a group, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Friday, May 30th. Union Pacific's dividend payout ratio is presently 48.29%.

Analyst Ratings Changes

UNP has been the topic of a number of recent research reports. Jefferies Financial Group dropped their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Argus upgraded Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. UBS Group dropped their target price on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Robert W. Baird started coverage on Union Pacific in a research note on Tuesday. They issued a "neutral" rating and a $231.00 target price for the company. Finally, Stifel Nicolaus dropped their target price on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.91.

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.