Relyea Zuckerberg Hanson LLC Purchases 55 Shares of Union Pacific Co. (NYSE:UNP)

Relyea Zuckerberg Hanson LLC grew its position in shares of Union Pacific Co. (NYSE:UNP) by 1.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,892 shares of the railroad operator’s stock after acquiring an additional 55 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in Union Pacific were worth $1,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in UNP. Union Bancaire Privee UBP SA purchased a new stake in shares of Union Pacific in the fourth quarter valued at about $20,683,000. Stonebridge Financial Group LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $45,000. Leavell Investment Management Inc. increased its holdings in Union Pacific by 2.3% in the 4th quarter. Leavell Investment Management Inc. now owns 9,442 shares of the railroad operator’s stock worth $2,153,000 after acquiring an additional 214 shares during the last quarter. Certuity LLC boosted its holdings in Union Pacific by 53.2% in the 4th quarter. Certuity LLC now owns 1,747 shares of the railroad operator’s stock worth $398,000 after buying an additional 607 shares during the period. Finally, Kentucky Trust Co purchased a new stake in Union Pacific during the 4th quarter worth about $40,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.2%

Shares of UNP stock opened at $225.30 on Friday. The company has a 50 day simple moving average of $220.59 and a two-hundred day simple moving average of $231.80. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The stock has a market cap of $134.61 billion, a P/E ratio of 20.32, a P/E/G ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the prior year, the firm earned $2.69 EPS. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. On average, research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 dividend on an annualized basis and a yield of 2.38%. Union Pacific’s dividend payout ratio is presently 48.29%.

Analyst Ratings Changes

Several research firms recently commented on UNP. The Goldman Sachs Group restated a “neutral” rating and set a $263.00 target price on shares of Union Pacific in a research report on Monday, June 2nd. UBS Group lowered their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Susquehanna cut their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Stifel Nicolaus dropped their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Wells Fargo & Company decreased their price target on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $257.74.

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.