HBK Sorce Advisory LLC Has $3.09 Million Position in Union Pacific Corporation (NYSE:UNP)

HBK Sorce Advisory LLC grew its holdings in Union Pacific Corporation (NYSE:UNP) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,096 shares of the railroad operator’s stock after purchasing an additional 860 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Union Pacific were worth $3,094,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fiduciary Trust Co grew its position in Union Pacific by 2.8% during the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator’s stock worth $23,309,000 after buying an additional 2,807 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in Union Pacific during the fourth quarter valued at approximately $781,000. Miramar Capital LLC boosted its holdings in Union Pacific by 3.1% during the fourth quarter. Miramar Capital LLC now owns 54,564 shares of the railroad operator’s stock valued at $12,443,000 after purchasing an additional 1,648 shares in the last quarter. Capital Advisors Ltd. LLC boosted its holdings in Union Pacific by 11.9% during the first quarter. Capital Advisors Ltd. LLC now owns 1,952 shares of the railroad operator’s stock valued at $461,000 after purchasing an additional 207 shares in the last quarter. Finally, Argentarii LLC acquired a new stake in Union Pacific during the fourth quarter valued at approximately $1,005,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

UNP stock opened at $227.91 on Wednesday. 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 company has a 50 day moving average price of $221.49 and a 200 day moving average price of $230.81. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a market capitalization of $136.17 billion, a PE ratio of 20.53, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the firm earned $2.69 EPS. The business’s revenue for the quarter was down .1% on a year-over-year basis. Analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on UNP shares. Barclays decreased their price objective on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Friday, April 25th. Stephens decreased their price objective on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Wells Fargo & Company decreased their price objective on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a report on Wednesday, April 16th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $263.00 price objective on shares of Union Pacific in a report on Monday, June 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.39.

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.