Union Pacific Co. (NYSE:UNP) Shares Purchased by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG increased its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 90.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,284 shares of the railroad operator's stock after purchasing an additional 2,513 shares during the period. Bank Pictet & Cie Europe AG's holdings in Union Pacific were worth $1,248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter worth $31,000. Strategic Investment Solutions Inc. IL boosted its stake in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after acquiring an additional 45 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in Union Pacific in the fourth quarter valued at $51,000. Midwest Capital Advisors LLC acquired a new position in Union Pacific in the fourth quarter valued at $54,000. Finally, VisionPoint Advisory Group LLC acquired a new position in Union Pacific in the fourth quarter valued at $64,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Trading Down 1.0%

NYSE UNP opened at $223.17 on Monday. The stock has a market capitalization of $133.34 billion, a P/E ratio of 20.12, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The firm has a 50-day moving average price of $220.90 and a 200 day moving average price of $231.45. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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

Union Pacific Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.40%. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Wells Fargo & Company decreased 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. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Stephens decreased their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. Barclays decreased their price objective on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Finally, Bank of America increased their target price on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $257.74.

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.

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