Union Pacific Co. (NYSE:UNP) Shares Sold by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. lowered its holdings in Union Pacific Co. (NYSE:UNP) by 14.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,607 shares of the railroad operator’s stock after selling 6,589 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Union Pacific were worth $9,516,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UNP. J. W. Coons Advisors LLC increased its position in shares of Union Pacific by 5.3% in the fourth quarter. J. W. Coons Advisors LLC now owns 3,997 shares of the railroad operator’s stock worth $982,000 after acquiring an additional 201 shares in the last quarter. Capital World Investors increased its position in shares of Union Pacific by 1.6% in the fourth quarter. Capital World Investors now owns 3,044,852 shares of the railroad operator’s stock worth $747,877,000 after acquiring an additional 47,483 shares in the last quarter. Cetera Advisor Networks LLC increased its position in shares of Union Pacific by 3.7% in the fourth quarter. Cetera Advisor Networks LLC now owns 114,293 shares of the railroad operator’s stock worth $28,073,000 after acquiring an additional 4,037 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in shares of Union Pacific by 1,523.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 90,929 shares of the railroad operator’s stock worth $22,334,000 after acquiring an additional 85,329 shares in the last quarter. Finally, Cibc World Markets Corp increased its position in shares of Union Pacific by 116.9% in the fourth quarter. Cibc World Markets Corp now owns 83,169 shares of the railroad operator’s stock worth $20,428,000 after acquiring an additional 44,831 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several analyst reports. Benchmark reissued a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Monday, July 29th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Barclays lowered their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Finally, Royal Bank of Canada boosted their price objective on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a research report on Monday. Eight investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.32.

Union Pacific Trading Down 0.9 %

Shares of Union Pacific stock opened at $243.35 on Thursday. The firm has a market capitalization of $148.25 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 2.25 and a beta of 1.05. 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 company’s fifty day moving average price is $246.10 and its two-hundred day moving average price is $238.86. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share 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 business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same quarter in the prior year, the firm earned $2.57 EPS. The firm’s quarterly revenue was up .7% compared to the same quarter last year. On average, analysts expect that Union Pacific Co. will post 11.1 EPS for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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. The ex-dividend date of this dividend was Friday, August 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.20%. Union Pacific’s dividend payout ratio is presently 51.15%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the 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 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 legal filing with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is owned by corporate insiders.

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.