Aspiriant LLC Cuts Stake in Union Pacific Corporation (NYSE:UNP)

Aspiriant LLC lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 0.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,041 shares of the railroad operator’s stock after selling 52 shares during the period. Aspiriant LLC’s holdings in Union Pacific were worth $1,900,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in UNP. State of Alaska Department of Revenue increased its holdings in Union Pacific by 2.4% during the first quarter. State of Alaska Department of Revenue now owns 70,791 shares of the railroad operator’s stock valued at $16,723,000 after buying an additional 1,670 shares during the period. CWA Asset Management Group LLC grew its stake in Union Pacific by 19.1% in the first quarter. CWA Asset Management Group LLC now owns 9,310 shares of the railroad operator’s stock valued at $2,200,000 after purchasing an additional 1,494 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its stake in Union Pacific by 56.8% in the first quarter. Analyst IMS Investment Management Services Ltd. now owns 6,941 shares of the railroad operator’s stock valued at $1,640,000 after purchasing an additional 2,513 shares during the last quarter. Kingswood Wealth Advisors LLC grew its stake in Union Pacific by 30.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 5,495 shares of the railroad operator’s stock valued at $1,300,000 after purchasing an additional 1,280 shares during the last quarter. Finally, Essex Savings Bank grew its stake in Union Pacific by 2.0% in the first quarter. Essex Savings Bank now owns 7,361 shares of the railroad operator’s stock valued at $1,739,000 after purchasing an additional 146 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.8%

Union Pacific stock opened at $220.62 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $258.07. The stock’s 50 day simple moving average is $221.17 and its two-hundred day simple moving average is $231.24. The firm has a market cap of $131.82 billion, a PE ratio of 19.88, a P/E/G ratio of 2.26 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (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 firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period last year, the company posted $2.69 earnings per share. The business’s quarterly revenue was down .1% on a year-over-year basis. Analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently disclosed 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. This represents a $5.36 annualized dividend and a yield of 2.43%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on UNP shares. UBS Group cut 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 report on Wednesday, April 2nd. Barclays dropped their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Argus upgraded Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Stifel Nicolaus dropped their target price on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

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.