Curbstone Financial Management Corp Has $670,000 Position in Union Pacific Co. (NYSE:UNP)

Curbstone Financial Management Corp grew its position in Union Pacific Co. (NYSE:UNP) by 18.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,834 shares of the railroad operator’s stock after buying an additional 440 shares during the quarter. Curbstone Financial Management Corp’s holdings in Union Pacific were worth $670,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. EnRich Financial Partners LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $31,000. PrairieView Partners LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $34,000. Strategic Investment Solutions Inc. IL increased its position in Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after purchasing an additional 45 shares in the last quarter. Kentucky Trust Co acquired a new position in Union Pacific during the 4th quarter worth approximately $40,000. Finally, Stonebridge Financial Group LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $45,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the subject of several recent research reports. Stephens decreased their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Monday, April 28th. Barclays decreased their price target on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research report on Friday, April 25th. The Goldman Sachs Group restated a “neutral” rating and issued a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Raymond James restated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Finally, UBS Group decreased their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $257.74.

Union Pacific Stock Up 1.1%

Shares of NYSE UNP opened at $226.51 on Wednesday. The firm has a market cap of $135.34 billion, a PE ratio of 20.42, a P/E/G ratio of 2.15 and a beta of 1.05. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The company’s fifty day simple moving average is $220.02 and its 200 day simple moving average is $232.01. 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 issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company 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%. The firm’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.69 earnings per share. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business 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 2.37%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

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.