Avior Wealth Management LLC Sells 1,508 Shares of Union Pacific Corporation (NYSE:UNP)

Avior Wealth Management LLC decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,329 shares of the railroad operator's stock after selling 1,508 shares during the period. Avior Wealth Management LLC's holdings in Union Pacific were worth $9,291,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank acquired a new position in Union Pacific in the fourth quarter valued at $1,927,377,000. Raymond James Financial Inc. acquired a new position in Union Pacific during the 4th quarter worth $1,035,905,000. GAMMA Investing LLC grew its position in Union Pacific by 27,502.8% in the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock worth $588,510,000 after purchasing an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC boosted its stake in Union Pacific by 12.6% during the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after buying an additional 1,616,895 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Performance

NYSE UNP traded up $0.34 during midday trading on Friday, hitting $222.35. The company had a trading volume of 4,274,305 shares, compared to its average volume of 2,691,388. The firm has a fifty day simple moving average of $221.18 and a two-hundred day simple moving average of $231.04. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The stock has a market cap of $132.85 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 2.23 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly 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 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 analyst estimates of $6.11 billion. During the same period last year, the company earned $2.69 EPS. The company's revenue was down .1% on a year-over-year basis. Equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.41%. Union Pacific's payout ratio is currently 48.29%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on UNP shares. Argus upgraded shares of Union Pacific to a "strong-buy" rating in a report on Friday, May 16th. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research report on Wednesday, April 16th. Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and lowered their target price for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. UBS Group decreased their price objective 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, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Union Pacific in a research note on Friday, March 7th. They issued a "buy" rating and a $295.00 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $257.74.

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.