Union Pacific Corporation (NYSE:UNP) Stock Holdings Lessened by Klingenstein Fields & Co. LP

Klingenstein Fields & Co. LP reduced its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 0.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 273,469 shares of the railroad operator's stock after selling 1,306 shares during the quarter. Union Pacific accounts for about 2.7% of Klingenstein Fields & Co. LP's investment portfolio, making the stock its 10th biggest holding. Klingenstein Fields & Co. LP's holdings in Union Pacific were worth $64,604,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC lifted its stake in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after acquiring an additional 59 shares during the period. EnRich Financial Partners LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL lifted its position in Union Pacific by 38.8% during the fourth 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 period. MorganRosel Wealth Management LLC purchased a new stake in Union Pacific in the first quarter worth approximately $60,000. Finally, Meeder Asset Management Inc. boosted its holdings in Union Pacific by 223.2% in the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator's stock worth $70,000 after purchasing an additional 212 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

UNP traded up $1.46 during trading on Wednesday, reaching $237.03. 1,752,112 shares of the company traded hands, compared to its average volume of 2,714,228. The company has a market cap of $141.62 billion, a P/E ratio of 21.35, a PEG ratio of 2.31 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a fifty day simple moving average of $222.77 and a 200 day simple moving average of $230.68.

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

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific's payout ratio is 48.29%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UNP. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 target price for the company in a research note on Wednesday, April 16th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. 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 report on Friday, April 25th. Susquehanna raised Union Pacific from a "neutral" rating to a "positive" rating and raised their target price for the stock from $245.00 to $260.00 in a research report on Tuesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research note on Friday, March 7th. They set a "buy" rating and a $295.00 price target for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $256.91.

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.