Union Pacific Co. (NYSE:UNP) Shares Bought by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. lifted its position in Union Pacific Co. (NYSE:UNP) by 1.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 45,841 shares of the railroad operator’s stock after acquiring an additional 526 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Union Pacific were worth $10,829,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc acquired a new position in Union Pacific during the 4th quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific during the 4th quarter valued at approximately $29,000. EnRich Financial Partners LLC acquired a new position in Union Pacific during the 4th quarter valued at approximately $31,000. PrairieView Partners LLC acquired a new position in Union Pacific during the 4th quarter valued at approximately $34,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in 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 purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.5%

UNP opened at $221.44 on Friday. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The stock’s fifty day moving average is $221.74 and its 200-day moving average is $232.74. The company has a market capitalization of $132.31 billion, a PE ratio of 19.97, a P/E/G ratio of 2.15 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the prior year, the firm posted $2.69 EPS. The firm’s quarterly revenue was down .1% on a year-over-year basis. On average, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UNP. Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $260.00 to $244.00 in a research report on Tuesday, April 8th. Bank of America boosted their price objective on Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a research report on Friday, May 16th. Susquehanna reduced their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Friday, April 25th. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and reduced their price objective for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, Argus upgraded Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $257.50.

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.