Axxcess Wealth Management LLC Boosts Stake in Union Pacific Corporation (NYSE:UNP)

Axxcess Wealth Management LLC lifted its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 7.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,999 shares of the railroad operator's stock after purchasing an additional 1,446 shares during the quarter. Axxcess Wealth Management LLC's holdings in Union Pacific were worth $4,725,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UNP. Proficio Capital Partners LLC boosted its position in shares of 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 purchasing an additional 698 shares during the period. AlphaQuest LLC lifted its position in Union Pacific by 248,600.0% during the 4th quarter. AlphaQuest LLC now owns 2,487 shares of the railroad operator's stock worth $567,000 after acquiring an additional 2,486 shares during the period. GC Wealth Management RIA LLC lifted its position in Union Pacific by 12.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 1,971 shares of the railroad operator's stock worth $449,000 after acquiring an additional 216 shares during the period. AGF Management Ltd. lifted its position in Union Pacific by 7.7% during the 4th quarter. AGF Management Ltd. now owns 45,762 shares of the railroad operator's stock worth $10,436,000 after acquiring an additional 3,277 shares during the period. Finally, Moors & Cabot Inc. lifted its position in Union Pacific by 1.7% during the 4th quarter. Moors & Cabot Inc. now owns 25,751 shares of the railroad operator's stock worth $5,872,000 after acquiring an additional 437 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on UNP. Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Sanford C. Bernstein reissued an "outperform" rating and issued a $271.00 price target (up from $267.00) on shares of Union Pacific in a report on Tuesday. UBS Group reduced their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Finally, Stephens reduced their price target on Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $256.63.

Union Pacific Price Performance

Shares of NYSE UNP traded down $2.51 during trading on Friday, reaching $234.50. The company had a trading volume of 1,483,782 shares, compared to its average volume of 2,728,305. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07. The stock has a market capitalization of $140.11 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The stock has a 50-day moving average price of $225.77 and a two-hundred day moving average price of $231.10. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Friday, May 30th. Union Pacific's dividend payout ratio is currently 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.