Union Pacific Co. (NYSE:UNP) Shares Sold by Hoxton Planning & Management LLC

Hoxton Planning & Management LLC decreased its position in shares of Union Pacific Co. (NYSE:UNP) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,424 shares of the railroad operator’s stock after selling 74 shares during the period. Hoxton Planning & Management LLC’s holdings in Union Pacific were worth $597,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Marshall Wace LLP raised its position in Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares in the last quarter. Capital World Investors raised its position in Union Pacific by 35.3% in the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after purchasing an additional 1,073,625 shares in the last quarter. Capital Research Global Investors raised its position in Union Pacific by 7.6% in the 1st 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. Bridges Investment Management Inc. raised its position in Union Pacific by 186.4% in the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock valued at $159,461,000 after purchasing an additional 458,664 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in Union Pacific in the 1st quarter valued at about $96,945,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UNP shares. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Barclays dropped 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. Stifel Nicolaus dropped their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Royal Bank of Canada raised their price target on Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Finally, BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Eight 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 has a consensus rating of “Moderate Buy” and an average target price of $259.32.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $237.56 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The business has a fifty day simple moving average of $246.08 and a 200 day simple moving average of $238.68. The firm has a market cap of $144.72 billion, a price-to-earnings ratio of 22.67, a P/E/G ratio of 2.20 and a beta of 1.05.

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, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. During the same period last year, the company earned $2.57 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Co. will post 11.1 earnings per share for the current fiscal 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 issued a dividend of $1.34 per share. 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 2.26%. 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 at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

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.