Edge Advisors LLC reduced its position in Union Pacific Co. (NYSE:UNP) by 10.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 6,546 shares of the railroad operator’s stock after selling 773 shares during the period. Edge Advisors LLC’s holdings in Union Pacific were worth $759,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the stock. Gainplan LLC lifted its position in shares of Union Pacific by 0.6% in the second quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock worth $243,000 after buying an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV lifted its position in shares of Union Pacific by 0.5% in the second quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after buying an additional 17 shares in the last quarter. Highland Private Wealth Management lifted its position in shares of Union Pacific by 0.9% in the second quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock worth $217,000 after buying an additional 18 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Union Pacific by 0.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock valued at $716,000 after purchasing an additional 20 shares during the period. Finally, Janney Capital Management LLC raised its position in Union Pacific by 1.1% during the second quarter. Janney Capital Management LLC now owns 2,158 shares of the railroad operator’s stock valued at $235,000 after purchasing an additional 24 shares during the period. Institutional investors own 78.45% of the company’s stock.
A number of equities research analysts have issued reports on UNP shares. Goldman Sachs Group started coverage on Union Pacific in a research report on Monday, November 13th. They set a “sell” rating and a $103.00 price objective on the stock. Morgan Stanley upped their price objective on Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 31st. Argus upped their price objective on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. Zacks Investment Research downgraded Union Pacific from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Finally, UBS Group upped their price objective on Union Pacific from $115.00 to $126.00 and gave the company a “neutral” rating in a research report on Friday, October 27th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $122.65.
Union Pacific Co. (NYSE UNP) opened at $141.17 on Friday. Union Pacific Co. has a 52 week low of $101.06 and a 52 week high of $141.81. The stock has a market capitalization of $111,120.00, a P/E ratio of 24.99, a P/E/G ratio of 1.97 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The company had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter in the prior year, the firm earned $1.36 earnings per share. Union Pacific’s revenue was up 4.5% compared to the same quarter last year. analysts expect that Union Pacific Co. will post 5.78 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were paid a $0.665 dividend. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 1.88%. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s dividend payout ratio is 47.08%.
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Union Pacific Company Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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