Diversify Wealth Management LLC Has $3.30 Million Holdings in Union Pacific Corporation (NYSE:UNP)

Diversify Wealth Management LLC boosted its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 33.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,975 shares of the railroad operator's stock after purchasing an additional 3,524 shares during the period. Diversify Wealth Management LLC's holdings in Union Pacific were worth $3,301,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its position in shares of Union Pacific by 46.1% during the fourth quarter. Proficio Capital Partners LLC now owns 2,211 shares of the railroad operator's stock worth $504,000 after acquiring an additional 698 shares during the period. AlphaQuest LLC boosted its stake in Union Pacific by 248,600.0% in the fourth quarter. AlphaQuest LLC now owns 2,487 shares of the railroad operator's stock valued at $567,000 after acquiring an additional 2,486 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Union Pacific by 51.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 37,336 shares of the railroad operator's stock worth $8,514,000 after buying an additional 12,613 shares during the period. Truvestments Capital LLC lifted its stake in shares of Union Pacific by 5.4% during the fourth quarter. Truvestments Capital LLC now owns 2,633 shares of the railroad operator's stock worth $600,000 after buying an additional 135 shares during the period. Finally, Essential Planning LLC. acquired a new stake in shares of Union Pacific during the fourth quarter worth $4,321,000. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on UNP. Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Bank of America boosted 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. 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. Stifel Nicolaus cut 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 note on Monday, April 14th. Finally, Barclays upped their price objective on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $256.63.

Union Pacific Stock Performance

UNP traded down $1.99 during trading on Friday, hitting $235.01. The stock had a trading volume of 3,211,722 shares, compared to its average volume of 2,739,891. The firm has a market cap of $140.41 billion, a PE ratio of 21.17, a P/E/G ratio of 2.38 and a beta of 1.05. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. The company has a 50 day simple moving average of $225.77 and a 200-day simple moving average of $231.10.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. 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 business earned $2.69 EPS. The business's revenue was down .1% compared to the same quarter last year. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were paid 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 2.28%. Union Pacific's 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.