Union Pacific Co. (NYSE:UNP) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its stake in Union Pacific Co. (NYSE:UNP) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 184,761 shares of the railroad operator’s stock after selling 5,747 shares during the period. Cetera Investment Advisers’ holdings in Union Pacific were worth $41,804,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the fourth quarter worth approximately $25,000. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the first quarter worth approximately $26,000. Raleigh Capital Management Inc. boosted its position in shares of Union Pacific by 211.4% in 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 during the last quarter. Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the second quarter worth approximately $27,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the fourth quarter worth approximately $29,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Trading Down 0.4 %

NYSE:UNP opened at $245.50 on Wednesday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The stock’s 50-day moving average is $245.99 and its two-hundred day moving average is $238.83. The stock has a market cap of $149.56 billion, a PE ratio of 23.43, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, beating the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.57 EPS. As a group, equities research analysts forecast that Union Pacific Co. will post 11.1 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were issued a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a yield of 2.18%. The ex-dividend date was Friday, August 30th. Union Pacific’s payout ratio is 51.15%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Royal Bank of Canada raised their price target on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a report on Monday. Wells Fargo & Company assumed coverage on shares of Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price target on the stock. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Susquehanna cut their price target on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Finally, Stifel Nicolaus cut their price target on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Eight investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently 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.