Union Pacific Corporation (NYSE:UNP) Stock Position Decreased by Venturi Wealth Management LLC

Venturi Wealth Management LLC trimmed its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 40.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,582 shares of the railroad operator's stock after selling 2,468 shares during the quarter. Venturi Wealth Management LLC's holdings in Union Pacific were worth $846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Highline Wealth Partners LLC grew its position 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 purchasing an additional 59 shares during the last quarter. Financial Gravity Asset Management Inc. bought a new stake in Union Pacific during the 1st quarter worth approximately $32,000. EnRich Financial Partners LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $31,000. Strategic Investment Solutions Inc. IL increased its position in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock worth $39,000 after purchasing an additional 45 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its position in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after purchasing an additional 56 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on UNP. The Goldman Sachs Group restated a "neutral" rating and issued a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Evercore ISI decreased their price objective on Union Pacific from $244.00 to $238.00 and set an "in-line" rating for the company in a report on Friday. Bank of America increased their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a report on Friday, May 16th. BMO Capital Markets upped their price objective on Union Pacific from $270.00 to $277.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Argus upgraded Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and an average target price of $259.46.

Union Pacific Stock Up 1.9%

UNP traded up $4.19 on Friday, reaching $224.71. The company's stock had a trading volume of 8,254,381 shares, compared to its average volume of 3,405,370. The stock has a market cap of $134.26 billion, a price-to-earnings ratio of 19.52, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $258.07. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.61. The business's 50 day moving average is $227.17 and its 200 day moving average is $231.03.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The firm had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.09 billion. During the same period last year, the firm earned $2.74 EPS. The firm's revenue was up 2.4% compared to the same quarter last year. As a group, research analysts forecast 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 given a $1.38 dividend. This is a boost from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's dividend payout ratio (DPR) is currently 47.96%.

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.