CFM Wealth Partners LLC Has $1.21 Million Holdings in Union Pacific Co. (NYSE:UNP)

CFM Wealth Partners LLC lowered its stake in Union Pacific Co. (NYSE:UNP) by 3.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,934 shares of the railroad operator’s stock after selling 178 shares during the period. CFM Wealth Partners LLC’s holdings in Union Pacific were worth $1,213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Silver Oak Advisory Group Inc. acquired a new position in shares of Union Pacific during the 4th quarter worth about $219,000. Allegheny Financial Group LTD lifted its position in shares of Union Pacific by 22.5% during the 4th quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock worth $2,674,000 after purchasing an additional 2,000 shares during the last quarter. Silver Oak Securities Incorporated acquired a new position in shares of Union Pacific during the 4th quarter worth about $238,000. Nordea Investment Management AB lifted its position in shares of Union Pacific by 46.9% during the 4th quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock worth $21,596,000 after purchasing an additional 28,052 shares during the last quarter. Finally, Procyon Advisors LLC lifted its position in shares of Union Pacific by 48.3% during the 4th quarter. Procyon Advisors LLC now owns 18,512 shares of the railroad operator’s stock worth $4,547,000 after purchasing an additional 6,031 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of several research analyst reports. Stifel Nicolaus raised Union Pacific from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $248.00 to $267.00 in a research report on Friday, May 3rd. TD Cowen upped their price target on Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Benchmark upped their price target on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. upped their price target on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Price Performance

NYSE UNP traded down $0.51 during trading hours on Wednesday, reaching $223.55. 1,921,429 shares of the company’s stock were exchanged, compared to its average volume of 2,307,720. The stock has a market cap of $136.39 billion, a PE ratio of 21.33, a price-to-earnings-growth ratio of 1.82 and a beta of 1.05. Union Pacific Co. has a one year low of $199.33 and a one year high of $258.66. The firm has a fifty day moving average of $233.66 and a 200-day moving average of $240.52. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

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

Union Pacific Dividend Announcement

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