Orser Capital Management LLC Sells 140 Shares of Union Pacific Co. (NYSE:UNP)

Orser Capital Management LLC lessened its holdings in Union Pacific Co. (NYSE:UNP) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,582 shares of the railroad operator’s stock after selling 140 shares during the quarter. Union Pacific makes up 1.8% of Orser Capital Management LLC’s holdings, making the stock its 18th largest holding. Orser Capital Management LLC’s holdings in Union Pacific were worth $2,362,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UNP. OLD Point Trust & Financial Services N A purchased a new stake in shares of Union Pacific in the 4th quarter worth $25,000. Richardson Capital Management LLC purchased a new stake in shares of Union Pacific in the 1st quarter worth $26,000. Raleigh Capital Management Inc. lifted its stake in shares of Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares during the last quarter. Cultivar Capital Inc. purchased a new stake in shares of Union Pacific during the 2nd quarter worth $27,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the 2nd quarter worth $28,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Union Pacific stock traded down $1.77 during midday trading on Friday, hitting $238.86. 2,137,949 shares of the company were exchanged, compared to its average volume of 2,288,305. The firm has a market capitalization of $145.51 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The business has a fifty day simple moving average of $246.18 and a two-hundred day simple moving average of $238.81. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the company earned $2.57 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 11.1 earnings per share for the current 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 dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.24%. 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. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’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 sale, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company assumed coverage on Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective for the company. Daiwa America cut Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Barclays decreased their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, BMO Capital Markets decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.32.

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.