Union Bancaire Privee UBP SA Sells 9,339 Shares of Union Pacific Co. (NYSE:UNP)

Union Bancaire Privee UBP SA decreased its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 10.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,030 shares of the railroad operator's stock after selling 9,339 shares during the period. Union Bancaire Privee UBP SA's holdings in Union Pacific were worth $19,720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $45,000. Portfolio Design Labs LLC raised its position in shares of Union Pacific by 19.8% in the fourth quarter. Portfolio Design Labs LLC now owns 7,703 shares of the railroad operator's stock valued at $1,757,000 after purchasing an additional 1,273 shares during the period. Leavell Investment Management Inc. raised its position in shares of Union Pacific by 2.3% in the fourth quarter. Leavell Investment Management Inc. now owns 9,442 shares of the railroad operator's stock valued at $2,153,000 after purchasing an additional 214 shares during the period. David Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter valued at approximately $390,000. Finally, Certuity LLC increased its position in Union Pacific by 53.2% during the fourth quarter. Certuity LLC now owns 1,747 shares of the railroad operator's stock worth $398,000 after acquiring an additional 607 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

UNP has been the topic of several recent analyst reports. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Stifel Nicolaus cut their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Bank of America increased their target price on Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Finally, Argus raised Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $257.74.

Union Pacific Stock Down 1.0%

NYSE UNP traded down $2.30 during trading hours on Friday, hitting $223.19. 1,029,382 shares of the company were exchanged, compared to its average volume of 2,685,234. The firm has a market cap of $133.35 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 2.15 and a beta of 1.05. 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 Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The company has a 50 day moving average of $220.59 and a two-hundred day moving average of $231.80.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results 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 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 quarter in the previous year, the firm posted $2.69 EPS. The firm's revenue for the quarter was down .1% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

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 given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is presently 48.29%.

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.