1,494 Shares in Union Pacific Corporation (NYSE:UNP) Purchased by Oakwell Private Wealth Management LLC

Oakwell Private Wealth Management LLC acquired a new stake in Union Pacific Corporation (NYSE:UNP - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,494 shares of the railroad operator's stock, valued at approximately $353,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC grew its stake in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new position in Union Pacific in the fourth quarter valued at about $31,000. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific in the first quarter valued at about $32,000. Cornerstone Planning Group LLC grew 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 valued at $37,000 after purchasing an additional 56 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on UNP shares. Morgan Stanley cut 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. Raymond James Financial reiterated a "strong-buy" rating on shares of Union Pacific in a research report on Tuesday, July 15th. Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Wells Fargo & Company decreased their target price on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Barclays increased their target price on Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $257.75.

Union Pacific Trading Down 4.5%

Shares of UNP traded down $10.31 during midday trading on Thursday, reaching $220.69. The company had a trading volume of 7,582,350 shares, compared to its average volume of 3,080,390. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $258.07. The stock has a market cap of $131.86 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05. The firm has a 50 day simple moving average of $227.49 and a 200-day simple moving average of $231.13. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. During the same period in the prior year, the firm posted $2.74 earnings per share. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. Research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business 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 $1.38 dividend. The ex-dividend date of this dividend 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 dividend yield of 2.50%. Union Pacific's dividend payout ratio (DPR) 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.