Union Pacific Corporation (NYSE:UNP) Stock Position Reduced by Putney Financial Group LLC

Putney Financial Group LLC trimmed its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 20.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,754 shares of the railroad operator's stock after selling 1,468 shares during the quarter. Union Pacific accounts for 1.1% of Putney Financial Group LLC's holdings, making the stock its 15th largest holding. Putney Financial Group LLC's holdings in Union Pacific were worth $1,359,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Allred Capital Management LLC grew its stake in shares of Union Pacific by 0.5% during the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock worth $1,904,000 after purchasing an additional 40 shares during the period. Palogic Value Management L.P. boosted its holdings in Union Pacific by 1.5% during the fourth quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock worth $644,000 after buying an additional 42 shares in the last quarter. Mystic Asset Management Inc. grew its position in Union Pacific by 2.0% during the fourth quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator's stock worth $527,000 after buying an additional 45 shares during the period. Strategic Investment Solutions Inc. IL increased its holdings 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 valued at $39,000 after buying an additional 45 shares in the last quarter. Finally, Ironwood Investment Counsel LLC increased its holdings in Union Pacific by 1.3% in the fourth quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator's stock valued at $789,000 after buying an additional 46 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UNP. Stephens lowered their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Susquehanna upgraded Union Pacific from a "neutral" rating to a "positive" rating and raised their price target for the company from $245.00 to $260.00 in a research report on Tuesday. UBS Group decreased their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. The Goldman Sachs Group restated a "neutral" rating and set a $263.00 target price on shares of Union Pacific in a report on Monday, June 2nd. Finally, Barclays decreased their price objective on 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, six have given a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $258.39.

Union Pacific Stock Up 0.9%

Shares of UNP stock traded up $2.03 on Tuesday, hitting $227.91. The stock had a trading volume of 2,777,090 shares, compared to its average volume of 2,690,797. The stock's 50 day moving average is $221.34 and its 200-day moving average is $230.83. The firm has a market capitalization of $136.17 billion, a price-to-earnings ratio of 20.53, a P/E/G ratio of 2.23 and a beta of 1.05. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $258.07. 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 (NYSE:UNP - Get Free Report) last announced its 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 business 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 was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.69 earnings per share. As a group, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is currently 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.