Union Pacific Corporation $UNP Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 2.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 696,723 shares of the railroad operator’s stock after selling 17,413 shares during the period. Ensign Peak Advisors Inc’s holdings in Union Pacific were worth $160,302,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC raised its holdings in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the period. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. Access Investment Management LLC acquired a new position in shares of Union Pacific in the second quarter worth $32,000. WPG Advisers LLC purchased a new stake in shares of Union Pacific during the first quarter worth $33,000. Finally, GFG Capital LLC purchased a new stake in shares of Union Pacific during the second quarter worth $38,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on UNP shares. Susquehanna reiterated a “positive” rating and issued a $272.00 target price (up from $257.00) on shares of Union Pacific in a report on Thursday, September 25th. TD Cowen lowered their price target on shares of Union Pacific from $258.00 to $257.00 and set a “buy” rating for the company in a report on Friday, October 24th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. BMO Capital Markets dropped their target price on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Finally, Argus downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $261.63.

Union Pacific Stock Up 0.1%

UNP opened at $221.10 on Thursday. The stock has a market capitalization of $131.15 billion, a P/E ratio of 18.78, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The business’s 50-day simple moving average is $224.49 and its 200-day simple moving average is $224.76.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same period in the prior year, the company earned $2.75 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific’s dividend payout ratio is currently 46.90%.

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.