Alta Advisers Ltd Has $741,000 Stake in Union Pacific Corporation (NYSE:UNP)

Alta Advisers Ltd increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 54.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,138 shares of the railroad operator’s stock after acquiring an additional 1,100 shares during the period. Alta Advisers Ltd’s holdings in Union Pacific were worth $741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC raised its holdings in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 59 shares during the period. EnRich Financial Partners LLC acquired a new stake in Union Pacific in the 4th quarter valued at $31,000. Strategic Investment Solutions Inc. IL increased its stake in Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. MorganRosel Wealth Management LLC acquired a new stake in Union Pacific in the 1st quarter valued at $60,000. Finally, Meeder Asset Management Inc. increased its stake in Union Pacific by 223.2% in the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock valued at $70,000 after buying an additional 212 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP stock opened at $230.29 on Tuesday. The company has a market capitalization of $137.59 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 2.32 and a beta of 1.05. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The company has a 50-day simple moving average of $222.40 and a 200 day simple moving average of $230.64. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $258.07.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Friday, May 30th. Union Pacific’s dividend payout ratio is currently 48.29%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UNP shares. Jefferies Financial Group lowered their price target 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. Stifel Nicolaus lowered their price target on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Barclays lowered their price target on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Stephens lowered their price target 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, The Goldman Sachs Group reiterated a “neutral” rating and issued a $263.00 price target on shares of Union Pacific in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $258.39.

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.