MV Capital Management Inc. Sells 77 Shares of Union Pacific Co. (NYSE:UNP)

MV Capital Management Inc. reduced its holdings in Union Pacific Co. (NYSE:UNP) by 13.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 498 shares of the railroad operator’s stock after selling 77 shares during the quarter. MV Capital Management Inc.’s holdings in Union Pacific were worth $122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OLD Point Trust & Financial Services N A purchased a new stake in Union Pacific during the fourth quarter valued at about $25,000. Richardson Capital Management LLC purchased a new position in shares of Union Pacific during the 1st quarter valued at about $26,000. Raleigh Capital Management Inc. lifted its position in Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares during the last quarter. Valued Wealth Advisors LLC purchased a new stake in Union Pacific in the fourth quarter worth approximately $28,000. Finally, Scarborough Advisors LLC bought a new position in Union Pacific during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.3 %

Shares of NYSE UNP opened at $225.50 on Wednesday. The stock has a market cap of $137.58 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.92 and a beta of 1.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The firm has a 50-day moving average of $233.11 and a 200 day moving average of $240.20.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping 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 firm had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period 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 expect that Union Pacific Co. will post 11.22 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid 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 2.31%. Union Pacific’s dividend payout ratio is currently 49.62%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Benchmark lifted their price objective on Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Morgan Stanley increased their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and decreased their price target for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Finally, JPMorgan Chase & Co. increased their price objective on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Eight investment 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $258.92.

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.