Profund Advisors LLC Sells 131 Shares of Union Pacific Co. (NYSE:UNP)

Profund Advisors LLC lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,847 shares of the railroad operator’s stock after selling 131 shares during the period. Profund Advisors LLC’s holdings in Union Pacific were worth $2,228,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. 9258 Wealth Management LLC boosted its stake in shares of Union Pacific by 2.1% during the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock worth $767,000 after buying an additional 65 shares during the last quarter. Gryphon Financial Partners LLC boosted its stake in shares of Union Pacific by 86.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock worth $594,000 after buying an additional 1,203 shares during the last quarter. TrinityPoint Wealth LLC boosted its stake in shares of Union Pacific by 6.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 4,387 shares of the railroad operator’s stock worth $1,077,000 after buying an additional 282 shares during the last quarter. Quest Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $241,000. Finally, SageView Advisory Group LLC boosted its stake in shares of Union Pacific by 49.8% during the 4th quarter. SageView Advisory Group LLC now owns 4,146 shares of the railroad operator’s stock worth $1,023,000 after buying an additional 1,379 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on UNP shares. Susquehanna cut their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Tuesday, June 25th. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. Barclays cut their target price on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Stifel Nicolaus cut their target price on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Finally, Loop Capital downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and cut their target price for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $245.39 on Monday. 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 debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The firm has a market capitalization of $149.72 billion, a P/E ratio of 23.42, a P/E/G ratio of 2.24 and a beta of 1.05. The company’s 50 day moving average price is $245.45 and its two-hundred day moving average price is $238.99.

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

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is 51.15%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the transaction, the president now owns 64,945 shares in the company, valued at $16,014,787.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

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.