Mcdonald Partners LLC Has $689,000 Position in Union Pacific Co. (NYSE:UNP)

Mcdonald Partners LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 2.6% in the first quarter, Holdings Channel reports. The firm owned 2,802 shares of the railroad operator’s stock after selling 75 shares during the period. Mcdonald Partners LLC’s holdings in Union Pacific were worth $689,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC grew its holdings in Union Pacific by 39.4% during the first quarter. Sound Income Strategies LLC now owns 605 shares of the railroad operator’s stock valued at $149,000 after purchasing an additional 171 shares during the period. Arkfeld Wealth Strategies L.L.C. lifted its stake in Union Pacific by 5.7% in the first quarter. Arkfeld Wealth Strategies L.L.C. now owns 1,922 shares of the railroad operator’s stock valued at $455,000 after buying an additional 104 shares in the last quarter. First Bancorp Inc ME lifted its stake in Union Pacific by 37.5% in the first quarter. First Bancorp Inc ME now owns 1,567 shares of the railroad operator’s stock valued at $385,000 after buying an additional 427 shares in the last quarter. Security National Bank lifted its stake in Union Pacific by 1.6% in the first quarter. Security National Bank now owns 10,305 shares of the railroad operator’s stock valued at $2,534,000 after buying an additional 160 shares in the last quarter. Finally, Schoolcraft Capital LLC lifted its stake in Union Pacific by 196.4% in the first quarter. Schoolcraft Capital LLC now owns 7,111 shares of the railroad operator’s stock valued at $1,749,000 after buying an additional 4,712 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.51 on Wednesday, hitting $223.55. The company’s stock had a trading volume of 1,921,429 shares, compared to its average volume of 2,307,720. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The stock’s 50 day moving average is $233.66 and its 200-day moving average is $240.52. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The company has a market capitalization of $136.39 billion, a PE ratio of 21.33, a PEG ratio of 1.82 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the prior year, the business posted $2.67 earnings per share. Union Pacific’s revenue was down .4% compared to the same quarter last year. Equities research analysts expect that Union Pacific Co. will post 11.25 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.33%. Union Pacific’s dividend payout ratio is 49.62%.

Analyst Ratings Changes

A number of research analysts have weighed in on UNP shares. Susquehanna cut their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research note on Tuesday. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 price target (up from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Morgan Stanley upped their price target on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. upped their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their price target for the stock from $276.00 to $238.00 in a research report on Monday, June 17th. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $258.92.

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.