Union Pacific Co. (NYSE:UNP) Shares Purchased by Werlinich Asset Management LLC

Werlinich Asset Management LLC grew its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,695 shares of the railroad operator’s stock after acquiring an additional 45 shares during the quarter. Union Pacific accounts for approximately 5.5% of Werlinich Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Werlinich Asset Management LLC’s holdings in Union Pacific were worth $8,669,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. First Citizens Bank & Trust Co. raised its stake in Union Pacific by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 51,129 shares of the railroad operator’s stock worth $12,079,000 after acquiring an additional 832 shares in the last quarter. Capital Investment Advisors LLC raised its stake in Union Pacific by 0.9% during the first quarter. Capital Investment Advisors LLC now owns 11,340 shares of the railroad operator’s stock worth $2,679,000 after acquiring an additional 96 shares in the last quarter. Central Bank & Trust Co. raised its stake in Union Pacific by 3.2% during the first quarter. Central Bank & Trust Co. now owns 7,777 shares of the railroad operator’s stock worth $1,837,000 after acquiring an additional 242 shares in the last quarter. Park Avenue Securities LLC raised its stake in Union Pacific by 6.0% during the first quarter. Park Avenue Securities LLC now owns 36,488 shares of the railroad operator’s stock worth $8,620,000 after acquiring an additional 2,058 shares in the last quarter. Finally, OLD National Bancorp IN raised its stake in Union Pacific by 0.9% during the first quarter. OLD National Bancorp IN now owns 26,874 shares of the railroad operator’s stock worth $6,349,000 after acquiring an additional 251 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UNP. Barclays lowered their price objective on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research note on Friday, April 25th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 price objective on shares of Union Pacific in a research note on Monday, June 2nd. UBS Group lowered their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their price objective on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $257.74.

Union Pacific Price Performance

Union Pacific stock opened at $223.39 on Monday. The stock has a market capitalization of $133.47 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 52-week low of $204.66 and a 52-week high of $258.07. The stock’s 50 day moving average price is $220.25 and its two-hundred day moving average price is $232.17. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last posted 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). The business 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 41.12% and a net margin of 27.82%. Union Pacific’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.69 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current 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 issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

About Union Pacific

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.