CWA Asset Management Group LLC Acquires 1,494 Shares of Union Pacific Corporation (NYSE:UNP)

CWA Asset Management Group LLC increased its stake in Union Pacific Corporation (NYSE:UNPFree Report) by 19.1% during the 1st quarter, Holdings Channel reports. The firm owned 9,310 shares of the railroad operator’s stock after purchasing an additional 1,494 shares during the quarter. CWA Asset Management Group LLC’s holdings in Union Pacific were worth $2,200,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Geode Capital Management LLC increased its holdings in shares of Union Pacific by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock worth $3,282,305,000 after buying an additional 1,616,895 shares during the last quarter. Capital Research Global Investors grew its position in Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Norges Bank bought a new position in Union Pacific in the fourth quarter valued at $1,927,377,000. Franklin Resources Inc. increased its stake in Union Pacific by 5.0% in the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after acquiring an additional 363,937 shares during the last quarter. Finally, Northern Trust Corp raised its position in Union Pacific by 15.2% during the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock valued at $1,587,763,000 after purchasing an additional 920,414 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on UNP shares. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Deutsche Bank Aktiengesellschaft began coverage on Union Pacific in a research note on Friday, March 7th. They issued a “buy” rating and a $295.00 target price for the company. UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Argus raised shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Finally, Bank of America increased their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.74.

Get Our Latest Research Report on Union Pacific

Union Pacific Trading Up 0.6%

UNP opened at $221.85 on Thursday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The business has a 50 day simple moving average of $221.13 and a two-hundred day simple moving average of $231.17. The firm has a market capitalization of $132.55 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.22 and a beta of 1.05.

Union Pacific (NYSE:UNPGet Free Report) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period last year, the firm posted $2.69 earnings per share. Union Pacific’s quarterly revenue was down .1% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

Union Pacific Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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