Union Pacific Co. (NYSE:UNP) Position Cut by Cresset Asset Management LLC

Cresset Asset Management LLC lowered its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 56.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,853 shares of the railroad operator's stock after selling 46,464 shares during the quarter. Cresset Asset Management LLC's holdings in Union Pacific were worth $8,176,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UNP. Compass Financial Services Inc acquired a new stake in Union Pacific in the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $29,000. EnRich Financial Partners LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $31,000. PrairieView Partners LLC purchased a new position in Union Pacific in the fourth quarter valued at approximately $34,000. Finally, Strategic Investment Solutions Inc. IL increased its stake 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 valued at $39,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 target price on the stock. Robert W. Baird boosted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Susquehanna dropped their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Stephens dropped their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Finally, Jefferies Financial Group dropped their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $257.86.

Union Pacific Trading Down 0.8%

NYSE:UNP traded down $1.79 on Tuesday, reaching $229.08. The stock had a trading volume of 1,309,221 shares, compared to its average volume of 2,617,457. The company has a market cap of $136.87 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The firm's fifty day moving average is $225.41 and its two-hundred day moving average is $233.76. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS 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 analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The company's revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.69 EPS. Equities analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is 48.29%.

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.