Union Pacific Co. (NYSE:UNP) Shares Sold by Aldebaran Financial Inc.

Aldebaran Financial Inc. trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,701 shares of the railroad operator’s stock after selling 175 shares during the period. Aldebaran Financial Inc.’s holdings in Union Pacific were worth $611,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of UNP. 3Chopt Investment Partners LLC purchased a new position in Union Pacific in the 2nd quarter valued at about $203,000. SPC Financial Inc. raised its holdings in shares of Union Pacific by 10.5% during the second quarter. SPC Financial Inc. now owns 5,368 shares of the railroad operator’s stock valued at $1,215,000 after acquiring an additional 511 shares during the last quarter. Truist Financial Corp lifted its position in shares of Union Pacific by 0.8% in the second quarter. Truist Financial Corp now owns 930,747 shares of the railroad operator’s stock valued at $210,591,000 after acquiring an additional 7,023 shares in the last quarter. Old North State Trust LLC boosted its stake in shares of Union Pacific by 2.3% in the second quarter. Old North State Trust LLC now owns 3,170 shares of the railroad operator’s stock worth $717,000 after acquiring an additional 72 shares during the last quarter. Finally, EP Wealth Advisors LLC increased its position in shares of Union Pacific by 3.0% during the second quarter. EP Wealth Advisors LLC now owns 203,750 shares of the railroad operator’s stock worth $46,100,000 after purchasing an additional 5,992 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.9 %

NYSE UNP opened at $246.48 on Tuesday. 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 stock has a market capitalization of $150.16 billion, a P/E ratio of 23.52, a PEG ratio of 2.25 and a beta of 1.05. The firm’s 50-day moving average is $245.87 and its two-hundred day moving average is $238.82. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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 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 period in the prior year, the business 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 anticipate that Union Pacific Co. will post 11.1 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were given a dividend of $1.34 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the firm’s 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 completion of the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent research reports. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday. TD Cowen lowered their price target on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus lowered their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Finally, Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and cut their price target for the company from $276.00 to $238.00 in a report on Monday, June 17th. Eight investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $258.79.

Union Pacific 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.