Union Pacific Co. (NYSE:UNP) Shares Sold by Cornerstone Advisory LLC

Cornerstone Advisory LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 2.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,245 shares of the railroad operator’s stock after selling 111 shares during the quarter. Cornerstone Advisory LLC’s holdings in Union Pacific were worth $1,058,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UNP. Compass Financial Services Inc acquired a new stake in Union Pacific during the 4th quarter worth about $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $29,000. EnRich Financial Partners LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $31,000. PrairieView Partners LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL increased its stake in shares of 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 purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $223.73 on Thursday. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The business’s fifty day simple moving average is $223.60 and its 200-day simple moving average is $233.56. The firm has a market cap of $133.67 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly 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). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the company earned $2.69 EPS. The business’s revenue for the quarter was down .1% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 11.99 earnings per share 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 paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on UNP. Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stephens cut their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. 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 price target for the company. Susquehanna cut their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Finally, Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $257.50.

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.