Union Pacific Corporation (NYSE:UNP) Holdings Raised by Harrell Investment Partners LLC

Harrell Investment Partners LLC grew its position in Union Pacific Corporation (NYSE:UNP) by 2.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,122 shares of the railroad operator’s stock after purchasing an additional 310 shares during the period. Harrell Investment Partners LLC’s holdings in Union Pacific were worth $3,336,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Johnson Investment Counsel Inc. lifted its position in shares of Union Pacific by 1.4% during the 1st quarter. Johnson Investment Counsel Inc. now owns 45,421 shares of the railroad operator’s stock worth $10,730,000 after buying an additional 648 shares during the period. State of Alaska Department of Revenue grew its stake in shares of 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 worth $16,723,000 after purchasing an additional 1,670 shares during the period. CWA Asset Management Group LLC grew its stake in shares of Union Pacific by 19.1% during the first quarter. CWA Asset Management Group LLC now owns 9,310 shares of the railroad operator’s stock worth $2,200,000 after purchasing an additional 1,494 shares during the period. 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 acquiring an additional 2,513 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its position in shares of Union Pacific by 30.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 5,495 shares of the railroad operator’s stock worth $1,300,000 after buying an additional 1,280 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

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 stock has a market capitalization of $132.55 billion, a PE ratio of 19.99, a P/E/G ratio of 2.22 and a beta of 1.05. The business’s 50 day moving average price is $221.13 and its 200 day moving average price is $231.17. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73.

Union Pacific (NYSE:UNP) last released its quarterly earnings results 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 firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the company earned $2.69 earnings per share. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.42%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on UNP. Stephens dropped their target price on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Susquehanna reduced their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday, April 25th. Deutsche Bank Aktiengesellschaft started coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Finally, Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average 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.