World Equity Group Inc. Has $377,000 Stock Position in Union Pacific Corporation (NYSE:UNP)

World Equity Group Inc. cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 53.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,592 shares of the railroad operator’s stock after selling 1,838 shares during the period. World Equity Group Inc.’s holdings in Union Pacific were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. 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 stake in shares of Union Pacific during the 4th quarter valued at $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. Centricity Wealth Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth $51,000. Finally, Midwest Capital Advisors LLC bought a new stake in Union Pacific in the fourth quarter valued at about $54,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Up 0.2%

Shares of NYSE:UNP opened at $222.35 on Friday. The company’s 50-day moving average price is $221.26 and its two-hundred day moving average price is $230.91. Union Pacific Corporation 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 1.91, a current ratio of 0.73 and a quick ratio of 0.61. The stock has a market capitalization of $132.85 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 2.23 and a beta of 1.05.

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

Union Pacific Dividend Announcement

The business 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 dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is currently 48.29%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on UNP shares. UBS Group cut their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. The Goldman Sachs Group reissued a “neutral” rating and issued a $263.00 price target on shares of Union Pacific in a report on Monday, June 2nd. Jefferies Financial Group dropped their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company reduced their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Finally, Citigroup upgraded Union Pacific from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $257.74.

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.