Union Pacific Co. (NYSE:UNP) Shares Sold by Successful Portfolios LLC

Successful Portfolios LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,169 shares of the railroad operator’s stock after selling 61 shares during the quarter. Successful Portfolios LLC’s holdings in Union Pacific were worth $533,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Union Pacific during the 3rd quarter worth $252,000. Morningstar Investment Services LLC acquired a new stake in Union Pacific during the third quarter worth about $235,000. Richard Bernstein Advisors LLC raised its holdings in shares of Union Pacific by 16.3% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 12,176 shares of the railroad operator’s stock worth $2,479,000 after purchasing an additional 1,711 shares during the period. Waverly Advisors LLC lifted its stake in shares of Union Pacific by 2.1% in the 3rd quarter. Waverly Advisors LLC now owns 6,702 shares of the railroad operator’s stock valued at $1,365,000 after purchasing an additional 136 shares in the last quarter. Finally, First Business Financial Services Inc. grew its holdings in shares of Union Pacific by 5.4% during the 3rd quarter. First Business Financial Services Inc. now owns 1,650 shares of the railroad operator’s stock worth $336,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on UNP. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Jefferies Financial Group started coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Morgan Stanley increased their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Wells Fargo & Company began coverage on Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective on the stock. Finally, Susquehanna lowered their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Tuesday, June 25th. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $226.26 on Monday. The stock has a market capitalization of $138.05 billion, a P/E ratio of 21.59, a P/E/G ratio of 1.92 and a beta of 1.07. The firm’s 50-day moving average price is $233.31 and its two-hundred day moving average price is $240.32. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the firm posted $2.67 EPS. The business’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.30%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.