Tealwood Asset Management Inc. Has $2.33 Million Position in Union Pacific Co. (NYSE:UNP)

Tealwood Asset Management Inc. reduced its stake in Union Pacific Co. (NYSE:UNP) by 32.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,851 shares of the railroad operator’s stock after selling 4,768 shares during the period. Union Pacific accounts for approximately 1.1% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 29th biggest position. Tealwood Asset Management Inc.’s holdings in Union Pacific were worth $2,327,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Allred Capital Management LLC grew its stake in shares of Union Pacific by 0.5% during the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after purchasing an additional 40 shares during the period. Palogic Value Management L.P. lifted its position in shares of Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock valued at $644,000 after buying an additional 42 shares in the last quarter. Mystic Asset Management Inc. lifted its position in shares of Union Pacific by 2.0% during the 4th quarter. Mystic Asset Management Inc. now owns 2,309 shares of the railroad operator’s stock valued at $527,000 after buying an additional 45 shares in the last quarter. Strategic Investment Solutions Inc. IL lifted its position in shares of Union Pacific by 38.8% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after buying an additional 45 shares in the last quarter. Finally, Ironwood Investment Counsel LLC lifted its position in shares of Union Pacific by 1.3% during the 4th quarter. Ironwood Investment Counsel LLC now owns 3,458 shares of the railroad operator’s stock valued at $789,000 after buying an additional 46 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Stifel Nicolaus lowered their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Citigroup raised Union Pacific from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Jefferies Financial Group lowered their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target on the stock. Finally, Argus raised Union Pacific to a “strong-buy” rating in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Price Performance

Shares of NYSE UNP opened at $223.39 on Friday. The stock’s 50-day moving average is $220.25 and its two-hundred day moving average is $232.23. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The company has a market cap of $133.47 billion, a price-to-earnings ratio of 20.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.05.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results 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 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter last year, the company earned $2.69 EPS. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts forecast that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

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.