Simplicity Wealth LLC Acquires 5,290 Shares of Union Pacific Co. (NYSE:UNP)

Simplicity Wealth LLC increased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 202.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,900 shares of the railroad operator's stock after buying an additional 5,290 shares during the period. Simplicity Wealth LLC's holdings in Union Pacific were worth $1,866,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in UNP. West Paces Advisors Inc. raised its position in Union Pacific by 17.4% in the 1st quarter. West Paces Advisors Inc. now owns 1,960 shares of the railroad operator's stock worth $463,000 after purchasing an additional 291 shares during the last quarter. GAMMA Investing LLC increased its holdings in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator's stock worth $2,491,000 after purchasing an additional 1,520 shares in the last quarter. Trust Co. of Oklahoma grew its stake in shares of Union Pacific by 1.0% during the 1st quarter. Trust Co. of Oklahoma now owns 8,568 shares of the railroad operator's stock worth $2,024,000 after acquiring an additional 89 shares in the last quarter. Tounjian Advisory Partners LLC acquired a new position in Union Pacific during the first quarter valued at approximately $299,000. Finally, Northstar Advisory Group LLC bought a new stake in Union Pacific during the first quarter worth $358,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.8%

Union Pacific stock traded down $1.84 during trading hours on Thursday, hitting $223.88. 661,481 shares of the stock traded hands, compared to its average volume of 2,681,512. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm's 50-day moving average price is $220.28 and its two-hundred day moving average price is $231.96. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a market cap of $133.76 billion, a PE ratio of 20.19, a PEG ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last released 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 firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 earnings per share. On average, research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.39%. Union Pacific's payout ratio is presently 48.29%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. The Goldman Sachs Group reiterated a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a research note on Monday, June 2nd. Stephens cut 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 note on Monday, April 28th. Susquehanna dropped their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Finally, UBS Group reduced their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $257.74.

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.