Thurston Springer Miller Herd & Titak Inc. Has $2.05 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Thurston Springer Miller Herd & Titak Inc. boosted its position in Union Pacific Co. (NYSE:UNP) by 28.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,672 shares of the railroad operator’s stock after buying an additional 1,940 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Union Pacific were worth $2,049,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of UNP. Compass Financial Services Inc acquired a new position in shares of Union Pacific during the 4th quarter worth about $25,000. EnRich Financial Partners LLC bought a new position in Union Pacific in the 4th quarter worth approximately $31,000. PrairieView Partners LLC acquired a new position in shares of Union Pacific during the fourth quarter worth approximately $34,000. Strategic Investment Solutions Inc. IL boosted its position in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after acquiring an additional 45 shares during the period. Finally, Kentucky Trust Co bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $40,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research reports. Raymond James reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Bank of America raised their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Deutsche Bank Aktiengesellschaft started coverage on shares of Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price objective for the company. Susquehanna reduced their target price on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Finally, Barclays lowered their price target on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Price Performance

NYSE:UNP opened at $220.91 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The firm has a market cap of $131.99 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company’s 50-day moving average price is $220.85 and its two-hundred day moving average price is $232.39.

Union Pacific (NYSE:UNP) last posted 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). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business’s revenue was down .1% on a year-over-year basis. During the same quarter last year, the firm posted $2.69 EPS. On average, equities analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders 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 yield of 2.43%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is currently 48.29%.

About Union Pacific

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.