Envestnet Portfolio Solutions Inc. Has $19.94 Million Holdings in Union Pacific Corporation (NYSE:UNP)

Envestnet Portfolio Solutions Inc. decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 20.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,412 shares of the railroad operator’s stock after selling 21,194 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Union Pacific were worth $19,942,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Highline Wealth Partners LLC grew 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 purchasing an additional 59 shares during the last quarter. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL boosted its position in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after buying an additional 45 shares during the period. Centricity Wealth Management LLC bought a new stake in Union Pacific during the 4th quarter worth approximately $51,000. Finally, Midwest Capital Advisors LLC acquired a new position in Union Pacific in the 4th quarter valued at approximately $54,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on UNP shares. Jefferies Financial Group cut their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Bank of America raised their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Stephens reduced 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. Wells Fargo & Company decreased their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, Citigroup upgraded shares of 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 research report on Tuesday, April 8th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $257.74.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $221.85 on Thursday. The business has a 50-day simple moving average of $221.13 and a 200 day simple moving average of $231.17. 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 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:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 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 firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the firm earned $2.69 EPS. The company’s revenue was down .1% compared to the same quarter last year. On average, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal 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 paid 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 2.42%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

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.