Union Pacific Corporation $UNP Position Decreased by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 14.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,960,191 shares of the railroad operator’s stock after selling 332,601 shares during the period. Union Pacific comprises approximately 1.4% of Vontobel Holding Ltd.’s portfolio, making the stock its 20th biggest holding. Vontobel Holding Ltd.’s holdings in Union Pacific were worth $451,001,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Highline Wealth Partners LLC boosted its stake in shares of Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific in the 1st quarter worth about $32,000. WPG Advisers LLC purchased a new position in Union Pacific in the 1st quarter worth about $33,000. Finally, Cornerstone Planning Group LLC increased its stake in Union Pacific by 50.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Sanford C. Bernstein raised their target price on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Wells Fargo & Company boosted their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Morgan Stanley decreased their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. JPMorgan Chase & Co. dropped their price target on shares of Union Pacific from $267.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Susquehanna reissued a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $261.08.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $232.72 on Thursday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The company has a market cap of $138.03 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07. The firm has a fifty day moving average price of $224.14 and a two-hundred day moving average price of $224.57. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the firm posted $2.74 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. Analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s payout ratio is presently 47.96%.

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.