Easterly Investment Partners LLC Has $2.40 Million Stock Holdings in Union Pacific Corporation (NYSE:UNP)

Easterly Investment Partners LLC lowered its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 55.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,176 shares of the railroad operator's stock after selling 12,614 shares during the period. Easterly Investment Partners LLC's holdings in Union Pacific were worth $2,404,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UNP. Norges Bank acquired a new stake in shares of Union Pacific in the fourth quarter worth $1,927,377,000. GAMMA Investing LLC grew its holdings in Union Pacific by 27,502.8% during the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock valued at $588,510,000 after purchasing an additional 2,482,126 shares in the last quarter. Geode Capital Management LLC grew its holdings in Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Capital Research Global Investors grew its holdings in Union Pacific by 14.3% during 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 in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Union Pacific by 35.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock valued at $1,133,053,000 after purchasing an additional 1,294,643 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP traded down $2.59 during mid-day trading on Friday, hitting $224.90. The company's stock had a trading volume of 5,793,560 shares, compared to its average volume of 2,756,556. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The firm has a 50-day moving average price of $227.35 and a 200 day moving average price of $231.17. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a market capitalization of $134.37 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.31 and a beta of 1.05.

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

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a $1.38 dividend. This is an increase from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's payout ratio is presently 48.29%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Baird R W raised shares of Union Pacific to a "hold" rating in a report on Tuesday, July 1st. Bank of America raised 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. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a report on Tuesday. Barclays raised their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Finally, Robert W. Baird assumed coverage on shares of Union Pacific in a report on Tuesday, July 1st. They set a "neutral" rating and a $231.00 price target for the company. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and a consensus target price of $257.13.

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.