Flossbach Von Storch SE Sells 62,121 Shares of Union Pacific Corporation (NYSE:UNP)

Flossbach Von Storch SE decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 31.0% in the 1st quarter, HoldingsChannel reports. The firm owned 138,584 shares of the railroad operator’s stock after selling 62,121 shares during the quarter. Flossbach Von Storch SE’s holdings in Union Pacific were worth $32,739,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Highline Wealth Partners LLC lifted its position in Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. EnRich Financial Partners LLC acquired a new position in Union Pacific during the fourth quarter worth about $31,000. Strategic Investment Solutions Inc. IL raised its stake in Union Pacific by 38.8% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after acquiring an additional 45 shares in the last quarter. MorganRosel Wealth Management LLC acquired a new position in Union Pacific during the first quarter worth about $60,000. Finally, Meeder Asset Management Inc. raised its stake in Union Pacific by 223.2% during the fourth quarter. Meeder Asset Management Inc. now owns 307 shares of the railroad operator’s stock worth $70,000 after acquiring an additional 212 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They set a “neutral” rating and a $231.00 target price for the company. Barclays lowered their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research note on Friday, April 25th. Bank of America boosted their target price on Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. UBS Group lowered their price objective on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $255.13.

Union Pacific Stock Performance

NYSE:UNP opened at $236.50 on Wednesday. The company has a market capitalization of $141.30 billion, a PE ratio of 21.31, a P/E/G ratio of 2.36 and a beta of 1.05. The company has a 50 day simple moving average of $224.89 and a two-hundred day simple moving average of $230.99. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07.

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

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, May 30th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

Union Pacific 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.