Quotient Wealth Partners LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Quotient Wealth Partners LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,219 shares of the railroad operator’s stock after buying an additional 233 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Union Pacific were worth $1,040,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas purchased a new position in shares of Union Pacific during the 1st quarter valued at approximately $1,088,000. Envestnet Portfolio Solutions Inc. grew its position in Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after buying an additional 20,173 shares during the period. Shellback Capital LP increased its holdings in Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after buying an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new position in shares of Union Pacific in the third quarter worth about $834,000. Finally, M&G Plc purchased a new stake in shares of Union Pacific during the 1st quarter worth about $10,378,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were 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 of the company’s stock, valued at $16,014,787.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.28% of the stock is currently owned by company insiders.

Union Pacific Stock Up 0.4 %

UNP stock traded up $0.88 during midday trading on Thursday, hitting $238.56. 738,278 shares of the company’s stock were exchanged, compared to its average volume of 2,273,504. The stock has a market capitalization of $145.33 billion, a price-to-earnings ratio of 22.68, a price-to-earnings-growth ratio of 2.20 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a 50 day moving average price of $245.74 and a 200-day moving average price of $238.62. Union Pacific Co. has a 12-month low of $199.97 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $2.57 EPS. On average, analysts anticipate that Union Pacific Co. will post 11.1 EPS for the current year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were given a $1.34 dividend. The ex-dividend date of this dividend was Friday, August 30th. 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 2.25%. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Analyst Ratings Changes

UNP has been the subject of several recent analyst reports. Evercore ISI lowered 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 research note on Wednesday, September 25th. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Stifel Nicolaus decreased their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Daiwa America cut shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Finally, Sanford C. Bernstein decreased their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.50.

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.