Union Pacific Co. (NYSE:UNP) Shares Bought by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC increased its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,877 shares of the railroad operator's stock after buying an additional 1,602 shares during the period. NorthCrest Asset Manangement LLC's holdings in Union Pacific were worth $21,469,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Allred Capital Management LLC increased its holdings 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 valued at $1,904,000 after purchasing an additional 40 shares in the last quarter. Palogic Value Management L.P. increased its holdings in shares of Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock valued at $644,000 after purchasing an additional 42 shares in the last quarter. Mystic Asset Management Inc. increased its holdings in shares of Union Pacific by 2.0% during the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator's stock valued at $527,000 after purchasing an additional 45 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Finally, Ironwood Investment Counsel LLC increased its holdings in shares of Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator's stock valued at $789,000 after purchasing an additional 46 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 1.0%

Shares of UNP stock traded down $2.32 on Friday, hitting $223.17. 1,670,100 shares of the stock traded hands, compared to its average volume of 2,685,196. The firm's 50-day moving average price is $220.90 and its two-hundred day moving average price is $231.55. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock has a market capitalization of $133.34 billion, a PE ratio of 20.12, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates 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 was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.69 EPS. As a group, analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. Union Pacific's payout ratio is 48.29%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UNP. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a report on Friday, March 7th. They set a "buy" rating and a $295.00 target price for the company. Argus raised shares of Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Stephens cut their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Stifel Nicolaus cut their price target on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Bank of America boosted their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Union Pacific currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.74.

Union Pacific Company 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.