Union Pacific Corporation (NYSE:UNP) Shares Acquired by Pictet North America Advisors SA

Pictet North America Advisors SA lifted its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 11.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,928 shares of the railroad operator's stock after acquiring an additional 1,689 shares during the period. Pictet North America Advisors SA's holdings in Union Pacific were worth $3,999,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in UNP. Highline Wealth Partners LLC raised 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 purchasing an additional 59 shares in the last quarter. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth $31,000. Strategic Investment Solutions Inc. IL raised its stake in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after acquiring an additional 45 shares in the last quarter. MorganRosel Wealth Management LLC purchased a new position in shares of Union Pacific during the first quarter worth about $60,000. Finally, Meeder Asset Management Inc. increased its position in shares of 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 in the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Baird R W upgraded Union Pacific to a "hold" rating in a research note on Tuesday. Stephens lowered their target price on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Susquehanna upgraded shares of Union Pacific from a "neutral" rating to a "positive" rating and upped their price target for the company from $245.00 to $260.00 in a research report on Tuesday, June 24th. Jefferies Financial Group decreased their price target on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Barclays dropped their price objective on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.91.

Union Pacific Price Performance

Shares of NYSE UNP traded up $1.46 during midday trading on Wednesday, hitting $237.03. The company had a trading volume of 1,752,112 shares, compared to its average volume of 2,714,227. The firm has a market capitalization of $141.62 billion, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The business has a 50-day simple moving average of $222.77 and a two-hundred day simple moving average of $230.68. 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 posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. Union Pacific's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.69 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

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 $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.26%. The ex-dividend date was Friday, May 30th. 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.