QRG Capital Management Inc. Acquires 2,092 Shares of Union Pacific Co. (NYSE:UNP)

QRG Capital Management Inc. grew its position in Union Pacific Co. (NYSE:UNP - Free Report) by 2.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,226 shares of the railroad operator's stock after purchasing an additional 2,092 shares during the quarter. QRG Capital Management Inc.'s holdings in Union Pacific were worth $22,496,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in UNP. Highline Wealth Partners LLC increased its stake in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after acquiring an additional 59 shares during the period. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific during the 4th quarter worth $31,000. Strategic Investment Solutions Inc. IL increased its position in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the period. Centricity Wealth Management LLC bought a new position in Union Pacific in the 4th quarter valued at about $51,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at approximately $54,000. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UNP. Wells Fargo & Company decreased their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Stephens cut their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Barclays dropped their price target on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research report on Friday, April 25th. Finally, Bank of America boosted their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.74.

Union Pacific Stock Performance

NYSE:UNP traded up $1.22 during trading hours on Monday, reaching $224.59. The stock had a trading volume of 2,659,498 shares, compared to its average volume of 2,685,091. The stock has a market cap of $134.19 billion, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05. The stock has a 50 day simple moving average of $220.90 and a 200 day simple moving average of $231.45. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07.

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

Union Pacific Announces Dividend

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