Union Pacific Corporation (NYSE:UNP) Shares Bought by Alta Advisers Ltd

Alta Advisers Ltd lifted its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 54.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 3,138 shares of the railroad operator's stock after buying an additional 1,100 shares during the period. Alta Advisers Ltd's holdings in Union Pacific were worth $741,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Highline Wealth Partners LLC boosted its position in shares of Union Pacific by 103.5% in the first 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 last quarter. EnRich Financial Partners LLC purchased a new position in Union Pacific during the fourth quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL boosted its holdings in shares of Union Pacific by 38.8% in 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 during the last quarter. MorganRosel Wealth Management LLC purchased a new stake in shares of Union Pacific during the 1st quarter valued at $60,000. Finally, Meeder Asset Management Inc. increased its holdings in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after buying an additional 212 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on UNP. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 target price on the stock. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. Stifel Nicolaus dropped 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. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $256.91.

Union Pacific Stock Down 0.3%

Shares of NYSE:UNP traded down $0.72 during midday trading on Thursday, reaching $236.45. The company had a trading volume of 1,327,133 shares, compared to its average volume of 2,713,418. The stock has a market capitalization of $141.27 billion, a P/E ratio of 21.30, a PEG ratio of 2.37 and a beta of 1.05. The stock's fifty day moving average price is $223.12 and its 200-day moving average price is $230.72. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued a $1.34 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific's dividend payout ratio is currently 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.