Lbp Am Sa Purchases 9,041 Shares of Union Pacific Corporation (NYSE:UNP)

LBP AM SA grew its stake in Union Pacific Corporation (NYSE:UNP - Free Report) by 7.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,432 shares of the railroad operator's stock after buying an additional 9,041 shares during the period. LBP AM SA's holdings in Union Pacific were worth $29,160,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC lifted its position in shares of Union Pacific by 103.5% in 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 shares of Union Pacific in the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL increased its stake in shares of 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 period. Cornerstone Planning Group LLC increased its stake in shares of 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 period. Finally, MorganRosel Wealth Management LLC bought a new position in shares of Union Pacific in the first quarter worth about $60,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. UBS Group dropped their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Jefferies Financial Group dropped their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Susquehanna upgraded Union Pacific from a "neutral" rating to a "positive" rating and lifted their price objective for the stock from $245.00 to $260.00 in a research note on Tuesday, June 24th. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Wells Fargo & Company dropped their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and a consensus price target of $256.63.

Union Pacific Price Performance

NYSE UNP traded down $1.99 during trading on Friday, reaching $235.01. 3,211,722 shares of the company traded hands, compared to its average volume of 2,739,891. The company has a market cap of $140.41 billion, a price-to-earnings ratio of 21.17, a P/E/G 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. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The stock's 50 day moving average price is $226.11 and its two-hundred day moving average price is $231.14.

Union Pacific (NYSE:UNP - Get Free Report) last announced its 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 business had revenue of $6.03 billion during the quarter, compared to analyst estimates 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 was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.69 earnings per share. As a group, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. The ex-dividend date was Friday, May 30th. Union Pacific's payout ratio is currently 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.