Union Pacific Corporation (NYSE:UNP) Holdings Cut by Avior Wealth Management LLC

Avior Wealth Management LLC reduced its stake in Union Pacific Corporation (NYSE:UNP) by 3.7% in the first quarter, HoldingsChannel.com reports. The fund owned 39,329 shares of the railroad operator’s stock after selling 1,508 shares during the quarter. Avior Wealth Management LLC’s holdings in Union Pacific were worth $9,291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Highline Wealth Partners LLC increased its holdings in shares of Union Pacific by 103.5% in the 1st 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 bought a new position in Union Pacific in the 4th quarter worth about $31,000. Strategic Investment Solutions Inc. IL increased its stake in shares of Union Pacific by 38.8% in the fourth 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 during the period. Centricity Wealth Management LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $51,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $54,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 0.6%

UNP stock opened at $221.85 on Friday. The firm has a market cap of $132.55 billion, a PE ratio of 19.99, a P/E/G ratio of 2.23 and a beta of 1.05. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month 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 50 day simple moving average of $221.18 and a 200 day simple moving average of $231.04.

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

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is 48.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on UNP shares. Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a report on Wednesday, April 16th. Stephens reduced their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. Argus upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $263.00 price objective on shares of Union Pacific in a report on Monday, June 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $257.74.

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.