Union Pacific Corporation (NYSE:UNP) Shares Sold by DB Fitzpatrick & Co Inc

DB Fitzpatrick & Co Inc reduced its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 51.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,797 shares of the railroad operator's stock after selling 4,002 shares during the quarter. DB Fitzpatrick & Co Inc's holdings in Union Pacific were worth $897,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in UNP. Highline Wealth Partners LLC lifted its holdings in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at about $31,000. Strategic Investment Solutions Inc. IL lifted 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. Centricity Wealth Management LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at about $51,000. Finally, Midwest Capital Advisors LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at about $54,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the company. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Citigroup raised Union Pacific from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Bank of America upped their price objective on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday, May 16th. Barclays reduced their price objective on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Finally, Stifel Nicolaus reduced their price objective on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $257.74.

Union Pacific Stock Performance

UNP opened at $221.85 on Thursday. 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 $132.55 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 2.22 and a beta of 1.05. The business's 50 day moving average is $221.13 and its 200-day moving average is $231.17. 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 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 for the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the firm earned $2.69 EPS. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. On average, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a yield of 2.42%. Union Pacific's payout ratio is 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.

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