Tounjian Advisory Partners LLC Invests $299,000 in Union Pacific Co. (NYSE:UNP)

Tounjian Advisory Partners LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,268 shares of the railroad operator's stock, valued at approximately $299,000.

A number of other large investors also recently made changes to their positions in the business. Northstar Advisory Group LLC purchased a new position in Union Pacific in the first quarter valued at about $358,000. Pallas Capital Advisors LLC grew its stake in shares of Union Pacific by 22.1% in the 1st quarter. Pallas Capital Advisors LLC now owns 2,030 shares of the railroad operator's stock valued at $480,000 after buying an additional 368 shares in the last quarter. Patrick M Sweeney & Associates Inc. grew its stake in shares of Union Pacific by 1.8% in the 1st quarter. Patrick M Sweeney & Associates Inc. now owns 5,347 shares of the railroad operator's stock valued at $1,263,000 after buying an additional 92 shares in the last quarter. Farther Finance Advisors LLC raised its position in Union Pacific by 22.7% during the first quarter. Farther Finance Advisors LLC now owns 6,238 shares of the railroad operator's stock valued at $1,480,000 after acquiring an additional 1,154 shares in the last quarter. Finally, City Holding Co. grew its position in Union Pacific by 8.3% in the first quarter. City Holding Co. now owns 1,525 shares of the railroad operator's stock worth $360,000 after acquiring an additional 117 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Stephens decreased their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. The Goldman Sachs Group reissued a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a report on Friday, March 7th. They set a "buy" rating and a $295.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $257.74.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $1.20 during trading on Friday, hitting $224.30. 284,351 shares of the company's stock traded hands, compared to its average volume of 2,680,016. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company has a market cap of $134.01 billion, a PE ratio of 20.23, a PEG ratio of 2.15 and a beta of 1.05. The firm's fifty day moving average price is $220.59 and its 200 day moving average price is $231.80.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. Union Pacific's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $2.69 EPS. Analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company 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 $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.39%. Union Pacific's dividend payout ratio is presently 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.