Stratos Wealth Partners LTD. Trims Holdings in Union Pacific Corporation (NYSE:UNP)

Stratos Wealth Partners LTD. trimmed its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 10.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,564 shares of the railroad operator's stock after selling 1,698 shares during the period. Stratos Wealth Partners LTD.'s holdings in Union Pacific were worth $3,441,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in Union Pacific during the fourth quarter valued at approximately $1,927,377,000. GAMMA Investing LLC boosted its stake in Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock worth $588,510,000 after purchasing an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC raised its position in Union Pacific by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after buying an additional 1,616,895 shares during the last quarter. Capital Research Global Investors raised its position in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after buying an additional 1,298,178 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Union Pacific by 35.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock worth $1,133,053,000 after buying an additional 1,294,643 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Trading Up 0.2%

UNP traded up $0.51 during trading on Thursday, reaching $237.00. The company had a trading volume of 2,630,094 shares, compared to its average volume of 2,729,528. The stock has a market cap of $141.60 billion, a P/E ratio of 21.35, a PEG ratio of 2.38 and a beta of 1.05. The business has a 50 day simple moving average of $225.31 and a 200-day simple moving average of $231.03. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07. 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 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 during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.69 earnings per share. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were paid a $1.34 dividend. The ex-dividend date was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.26%. Union Pacific's payout ratio is 48.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Argus raised shares of Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Wells Fargo & Company reduced their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Jefferies Financial Group reduced their target price on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Baird R W raised shares of Union Pacific to a "hold" rating in a report on Tuesday, July 1st. Finally, Barclays upped their price target on Union Pacific from $260.00 to $270.00 and gave the stock an "overweight" rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of "Moderate Buy" and a consensus price target of $256.63.

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.