Union Pacific Corporation (NYSE:UNP) Shares Acquired by Elyxium Wealth LLC

Elyxium Wealth LLC raised its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 22.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,011 shares of the railroad operator's stock after purchasing an additional 2,350 shares during the quarter. Union Pacific accounts for about 1.4% of Elyxium Wealth LLC's holdings, making the stock its 18th biggest position. Elyxium Wealth LLC's holdings in Union Pacific were worth $3,074,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC boosted its position in Union Pacific by 46.1% in the 4th quarter. Proficio Capital Partners LLC now owns 2,211 shares of the railroad operator's stock valued at $504,000 after buying an additional 698 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in Union Pacific by 1.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 23,256 shares of the railroad operator's stock worth $5,303,000 after buying an additional 219 shares during the last quarter. Lee Danner & Bass Inc. boosted its stake in Union Pacific by 5.0% in the 4th quarter. Lee Danner & Bass Inc. now owns 1,029 shares of the railroad operator's stock worth $235,000 after purchasing an additional 49 shares during the period. Washington Trust Bank boosted its stake in shares of Union Pacific by 2.6% during the 4th quarter. Washington Trust Bank now owns 4,460 shares of the railroad operator's stock valued at $1,017,000 after buying an additional 112 shares during the period. Finally, Summit Global Investments lifted its stake in shares of Union Pacific by 14.1% in the 4th quarter. Summit Global Investments now owns 50,967 shares of the railroad operator's stock valued at $11,622,000 after purchasing an additional 6,295 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $224.90 on Friday. The company's fifty day moving average is $227.52 and its 200 day moving average is $231.17. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The stock has a market cap of $134.37 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 2.25 and a beta of 1.05. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91.

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

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Friday, August 29th. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. Union Pacific's dividend payout ratio (DPR) is 48.29%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Morgan Stanley reduced their price target on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research report on Monday, July 7th. 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. Stephens cut their target price 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. Citigroup raised their target price on shares of Union Pacific from $244.00 to $270.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Finally, Bank of America lifted their price target 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, nine have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.13.

About Union Pacific

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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