Mill Creek Capital Advisors LLC Sells 61 Shares of Union Pacific Co. (NYSE:UNP)

Mill Creek Capital Advisors LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 0.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,972 shares of the railroad operator’s stock after selling 61 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in Union Pacific were worth $2,256,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $25,000. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at $26,000. Raleigh Capital Management Inc. raised its position in shares of Union Pacific by 211.4% during 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. Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at $29,000. Finally, Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the second quarter valued at $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on UNP shares. Sanford C. Bernstein cut their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. TD Cowen cut their price target on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Benchmark reaffirmed a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Stifel Nicolaus reduced 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 lowered their price target for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Stock Down 0.6 %

NYSE:UNP opened at $244.00 on Tuesday. The firm has a market capitalization of $148.87 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a twelve month low of $199.33 and a twelve month high of $258.66. The stock’s 50 day moving average price is $245.61 and its two-hundred day moving average price is $238.95.

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 analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter last year, the company posted $2.57 earnings per share. Equities research analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.20%. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is presently 51.15%.

Insider Buying and Selling

In other Union Pacific 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 completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.28% of the stock is owned by insiders.

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.