ASB Consultores LLC Has $396,000 Stock Position in Union Pacific Co. (NYSE:UNP)

ASB Consultores LLC trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 58.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,750 shares of the railroad operator’s stock after selling 2,437 shares during the quarter. ASB Consultores LLC’s holdings in Union Pacific were worth $396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Capital Research Global Investors boosted its holdings in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after purchasing an additional 518,985 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Union Pacific by 2.0% in the 4th quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock worth $1,438,417,000 after acquiring an additional 113,946 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in shares of Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after acquiring an additional 237,083 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Union Pacific by 8.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,218,730 shares of the railroad operator’s stock worth $954,530,000 after acquiring an additional 322,129 shares in the last quarter. Finally, Capital World Investors boosted its holdings in shares of Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UNP. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Wells Fargo & Company began coverage on Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 target price on the stock. Sanford C. Bernstein reduced their target price on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Barclays reduced their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Eight 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.79.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on 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 owns 64,945 shares of the company’s stock, 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 link. 0.28% of the stock is currently owned by company insiders.

Union Pacific Stock Performance

UNP stock opened at $248.44 on Friday. The business’s fifty day moving average is $245.15 and its 200-day moving average is $239.23. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The company has a market cap of $151.35 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a twelve month low of $199.33 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly 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. 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%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.57 EPS. Equities research analysts forecast that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio (DPR) is presently 51.15%.

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.