Union Pacific Co. (NYSE:UNP) Shares Sold by Brookstone Capital Management

Brookstone Capital Management reduced its stake in Union Pacific Co. (NYSE:UNP) by 5.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,725 shares of the railroad operator’s stock after selling 796 shares during the period. Brookstone Capital Management’s holdings in Union Pacific were worth $3,621,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of UNP. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the fourth quarter valued at $25,000. Raleigh Capital Management Inc. raised its stake in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 74 shares in the last quarter. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter valued at $28,000. Scarborough Advisors LLC acquired a new stake in Union Pacific in the fourth quarter valued at $29,000. Finally, Transcendent Capital Group LLC acquired a new stake in Union Pacific in the fourth quarter valued at $34,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the topic of a number of analyst reports. Raymond James restated a “strong-buy” rating and issued a $280.00 price target (up from $275.00) on shares of Union Pacific in a research note on Friday, April 26th. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their price target for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Wells Fargo & Company initiated coverage on Union Pacific in a research note on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target on the stock. Jefferies Financial Group initiated coverage on Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 price target on the stock. Finally, Evercore ISI raised their price target on Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.92.

Union Pacific Stock Performance

NYSE UNP opened at $223.47 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The business’s 50-day moving average price is $233.55 and its 200 day moving average price is $240.40. The firm has a market cap of $136.34 billion, a P/E ratio of 21.32, a P/E/G ratio of 1.82 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

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.