Wedbush Securities Inc. reduced its holdings in Union Pacific Co. (NYSE:UNP) by 70.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,267 shares of the railroad operator’s stock after selling 19,603 shares during the quarter. Wedbush Securities Inc.’s holdings in Union Pacific were worth $959,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of UNP. Pathstone Family Office LLC grew its position in Union Pacific by 41.3% during the second quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock worth $2,304,000 after buying an additional 52 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after buying an additional 340 shares in the last quarter. SRS Capital Advisors Inc. grew its position in Union Pacific by 147.2% during the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after buying an additional 686 shares in the last quarter. Acrospire Investment Management LLC grew its position in Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after buying an additional 300 shares in the last quarter. Finally, Community Bank N.A. grew its position in Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after buying an additional 45 shares in the last quarter. 78.45% of the stock is currently owned by institutional investors.
Union Pacific Co. (UNP) opened at $141.17 on Friday. Union Pacific Co. has a one year low of $101.06 and a one year high of $141.81. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The stock has a market cap of $111,120.00, a P/E ratio of 24.99, a PEG ratio of 1.96 and a beta of 0.90.
Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter in the previous year, the company posted $1.36 earnings per share. Union Pacific’s quarterly revenue was up 4.5% compared to the same quarter last year. sell-side analysts forecast that Union Pacific Co. will post 5.79 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were given a $0.665 dividend. This represents a $2.66 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Wednesday, November 29th. This is a boost from Union Pacific’s previous quarterly dividend of $0.61. Union Pacific’s payout ratio is 47.08%.
A number of equities research analysts recently weighed in on the company. Scotiabank set a $150.00 target price on Union Pacific and gave the stock a “hold” rating in a research report on Thursday. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday. BMO Capital Markets restated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research note on Monday, January 8th. Zacks Investment Research cut shares of Union Pacific from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Finally, UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. Union Pacific currently has a consensus rating of “Hold” and an average target price of $122.65.
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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