Beaumont Financial Partners LLC bought a new position in Union Pacific Corporation (NYSE:UNP) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,583 shares of the railroad operator’s stock, valued at approximately $274,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Union Pacific Corporation during the fourth quarter worth about $116,000. Cable Hill Partners LLC raised its position in Union Pacific Corporation by 6.1% in the first quarter. Cable Hill Partners LLC now owns 1,130 shares of the railroad operator’s stock worth $119,000 after buying an additional 65 shares during the last quarter. Northwest Quadrant Wealth Management LLC purchased a new position in Union Pacific Corporation during the fourth quarter worth about $135,000. American National Bank raised its position in Union Pacific Corporation by 757.5% in the first quarter. American National Bank now owns 1,432 shares of the railroad operator’s stock worth $152,000 after buying an additional 1,265 shares during the last quarter. Finally, Dubuque Bank & Trust Co. raised its position in Union Pacific Corporation by 7.6% in the first quarter. Dubuque Bank & Trust Co. now owns 1,464 shares of the railroad operator’s stock worth $155,000 after buying an additional 104 shares during the last quarter. 79.26% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Union Pacific Corporation (NYSE:UNP)

Shares of Union Pacific Corporation (NYSE UNP) opened at 111.83 on Tuesday. The firm has a market capitalization of $90.30 billion, a price-to-earnings ratio of 21.37 and a beta of 0.84. Union Pacific Corporation has a 12 month low of $81.96 and a 12 month high of $115.15. The firm’s 50-day moving average price is $109.94 and its 200-day moving average price is $107.32.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 27th. The railroad operator reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.09. Union Pacific Corporation had a return on equity of 21.53% and a net margin of 21.37%. The company had revenue of $5.13 billion during the quarter, compared to the consensus estimate of $5.03 billion. During the same period in the prior year, the company earned $1.16 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corporation will post $5.75 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Wednesday, May 31st will be issued a $0.605 dividend. The ex-dividend date is Friday, May 26th. This represents a $2.42 annualized dividend and a dividend yield of 2.16%. Union Pacific Corporation’s dividend payout ratio (DPR) is currently 46.18%.

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A number of research firms recently issued reports on UNP. Royal Bank Of Canada reaffirmed a “hold” rating and set a $116.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Loop Capital reaffirmed a “hold” rating and set a $96.00 target price on shares of Union Pacific Corporation in a report on Wednesday, February 22nd. BMO Capital Markets reaffirmed a “buy” rating and set a $123.00 target price on shares of Union Pacific Corporation in a report on Friday, June 2nd. Zacks Investment Research raised Union Pacific Corporation from a “hold” rating to a “buy” rating and set a $122.00 target price on the stock in a report on Tuesday, May 30th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Union Pacific Corporation in a report on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $108.85.

About Union Pacific Corporation

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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