Cornerstone Advisory LLC Acquires 171 Shares of Union Pacific Co. (NYSE:UNP)

Cornerstone Advisory LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 4.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,288 shares of the railroad operator’s stock after purchasing an additional 171 shares during the period. Cornerstone Advisory LLC’s holdings in Union Pacific were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of UNP. Valued Wealth Advisors LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $28,000. Stuart Chaussee & Associates Inc. purchased a new stake in Union Pacific in the 4th quarter worth approximately $36,000. USA Financial Formulas lifted its stake in Union Pacific by 219.6% in the 4th quarter. USA Financial Formulas now owns 179 shares of the railroad operator’s stock worth $44,000 after purchasing an additional 123 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $44,000. Finally, Private Wealth Management Group LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $46,000. 80.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective on the stock. Raymond James restated a “strong-buy” rating and set a $280.00 price objective (up previously from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. JPMorgan Chase & Co. raised their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Benchmark raised their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. Finally, Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and raised their price objective for the company from $248.00 to $267.00 in a research report on Friday, May 3rd. Six research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $259.61.

Union Pacific Trading Down 0.3 %

Union Pacific stock traded down $0.70 during trading hours on Tuesday, reaching $227.62. The stock had a trading volume of 1,614,412 shares, compared to its average volume of 2,290,679. The stock has a market cap of $138.88 billion, a PE ratio of 21.74, a PEG ratio of 1.89 and a beta of 1.05. Union Pacific Co. has a 52 week low of $194.13 and a 52 week high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The company has a fifty day simple moving average of $238.36 and a 200-day simple moving average of $240.56.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 EPS. Analysts forecast that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

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.