Union Pacific Co. (NYSE:UNP) Stock Position Reduced by Delaney Dennis R

Delaney Dennis R lessened its holdings in Union Pacific Co. (NYSE:UNP) by 20.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,464 shares of the railroad operator’s stock after selling 648 shares during the period. Delaney Dennis R’s holdings in Union Pacific were worth $558,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A bought a new stake in shares of Union Pacific in the 4th quarter worth about $25,000. Richardson Capital Management LLC bought a new stake in shares of Union Pacific in the first quarter worth $26,000. Raleigh Capital Management Inc. raised its holdings in Union Pacific by 211.4% during the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 74 shares in the last quarter. Cultivar Capital Inc. bought a new position in shares of Union Pacific in the second quarter valued at $27,000. Finally, Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Trading Down 1.0 %

Shares of NYSE UNP opened at $251.13 on Thursday. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The company has a market cap of $152.99 billion, a price-to-earnings ratio of 23.96, a PEG ratio of 2.24 and a beta of 1.05. The business’s 50 day moving average price is $244.75 and its 200-day moving average price is $239.16. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same period in the previous year, the company posted $2.57 EPS. The business’s revenue for the quarter was up .7% compared to the same quarter last year. On average, sell-side analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date is Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.13%. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

Analysts Set New Price Targets

Several research analysts have weighed in on UNP shares. Royal Bank of Canada restated an “outperform” rating and set a $275.00 price objective on shares of Union Pacific in a research report on Thursday, September 12th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Sanford C. Bernstein decreased their price objective on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a report on Monday, July 8th. Barclays dropped their price target on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Finally, TD Cowen cut their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $258.79.

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.