Barnes Pettey Financial Advisors LLC Has $535,000 Holdings in Union Pacific Corporation (NYSE:UNP)

Barnes Pettey Financial Advisors LLC raised its position in Union Pacific Corporation (NYSE:UNP) by 3.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 2,265 shares of the railroad operator’s stock after purchasing an additional 86 shares during the period. Barnes Pettey Financial Advisors LLC’s holdings in Union Pacific were worth $535,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Highline Wealth Partners LLC lifted its holdings in Union Pacific by 103.5% in the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after buying an additional 59 shares during the period. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth about $31,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. Meeder Asset Management Inc. boosted its position in shares of Union Pacific by 223.2% during the 4th quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock valued at $70,000 after purchasing an additional 212 shares in the last quarter. Finally, Transce3nd LLC acquired a new stake in Union Pacific during the fourth quarter worth approximately $72,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

UNP opened at $231.36 on Friday. The company has a market capitalization of $138.23 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 2.30 and a beta of 1.05. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The firm has a 50-day moving average price of $222.11 and a 200-day moving average price of $230.72. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $258.07.

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

Union Pacific Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.32%. Union Pacific’s payout ratio is 48.29%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Friday, April 25th. Bank of America upped their price objective on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. The Goldman Sachs Group reissued a “neutral” rating and set a $263.00 price objective on shares of Union Pacific in a research report on Monday, June 2nd. Finally, UBS Group cut their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price 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.