Union Pacific Corporation (NYSE:UNP) Shares Sold by Tower View Wealth Management LLC

Tower View Wealth Management LLC trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 52.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,114 shares of the railroad operator's stock after selling 9,066 shares during the quarter. Tower View Wealth Management LLC's holdings in Union Pacific were worth $1,917,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fiduciary Trust Co raised its stake in shares of Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after buying an additional 2,807 shares during the period. Sherbrooke Park Advisers LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $781,000. Miramar Capital LLC increased its position in shares of Union Pacific by 3.1% during the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator's stock worth $12,443,000 after purchasing an additional 1,648 shares in the last quarter. Capital Advisors Ltd. LLC increased its position in shares of Union Pacific by 11.9% during the first quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator's stock worth $461,000 after purchasing an additional 207 shares in the last quarter. Finally, Argentarii LLC purchased a new stake in shares of Union Pacific during the fourth quarter worth approximately $1,005,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.2%

Shares of NYSE UNP traded up $0.34 during mid-day trading on Friday, reaching $222.35. 4,274,305 shares of the company's stock were exchanged, compared to its average volume of 2,690,554. The firm has a market capitalization of $132.85 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 2.23 and a beta of 1.05. 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 Corporation has a 52-week low of $204.66 and a 52-week high of $258.07. The company's 50-day moving average is $221.26 and its 200-day moving average is $230.91.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the company posted $2.69 EPS. Union Pacific's revenue was down .1% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors 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 yield of 2.41%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's payout ratio is 48.29%.

Analyst Ratings Changes

Several analysts recently commented on the company. The Goldman Sachs Group reiterated a "neutral" rating and set a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Wells Fargo & Company dropped their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Susquehanna dropped their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research report on Friday, April 25th. Barclays dropped their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. Finally, Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and dropped their target price for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $257.74.

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.