Valicenti Advisory Services Inc. Decreases Position in Union Pacific Co. (NYSE:UNP)

Valicenti Advisory Services Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,730 shares of the railroad operator’s stock after selling 105 shares during the period. Valicenti Advisory Services Inc.’s holdings in Union Pacific were worth $3,423,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UNP. Gleason Group Inc. boosted its position in Union Pacific by 6.0% during the first quarter. Gleason Group Inc. now owns 923 shares of the railroad operator’s stock worth $186,000 after acquiring an additional 52 shares during the last quarter. Pekin Hardy Strauss Inc. boosted its position in Union Pacific by 1.0% during the first quarter. Pekin Hardy Strauss Inc. now owns 5,413 shares of the railroad operator’s stock worth $1,089,000 after acquiring an additional 53 shares during the last quarter. Cary Street Partners Asset Management LLC boosted its position in Union Pacific by 3.8% during the fourth quarter. Cary Street Partners Asset Management LLC now owns 1,489 shares of the railroad operator’s stock worth $308,000 after acquiring an additional 54 shares during the last quarter. Apriem Advisors boosted its position in Union Pacific by 2.3% during the fourth quarter. Apriem Advisors now owns 2,417 shares of the railroad operator’s stock worth $500,000 after acquiring an additional 55 shares during the last quarter. Finally, TrinityPoint Wealth LLC boosted its position in Union Pacific by 0.9% during the first quarter. TrinityPoint Wealth LLC now owns 6,301 shares of the railroad operator’s stock worth $1,268,000 after acquiring an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 77.36% of the company’s stock.

Insiders Place Their Bets

In other Union Pacific news, CFO Jennifer L. Hamann sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total transaction of $222,830.00. Following the completion of the transaction, the chief financial officer now directly owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CFO Jennifer L. Hamann sold 1,000 shares of Union Pacific stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total value of $222,830.00. Following the completion of the transaction, the chief financial officer now directly owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kenyatta G. Rocker sold 8,700 shares of Union Pacific stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now directly owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.

Union Pacific Stock Down 0.6 %

UNP traded down $1.35 during trading hours on Tuesday, reaching $211.80. 57,165 shares of the stock traded hands, compared to its average volume of 2,933,762. The firm’s fifty day simple moving average is $220.88 and its two-hundred day simple moving average is $206.44. The company has a market cap of $129.08 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 2.03 and a beta of 1.11. Union Pacific Co. has a fifty-two week low of $183.69 and a fifty-two week high of $240.48. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.18). The firm had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 27.18% and a return on equity of 55.03%. Union Pacific’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the previous year, the business posted $2.93 earnings per share. As a group, analysts forecast that Union Pacific Co. will post 10.5 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.46%. The ex-dividend date is Wednesday, August 30th. Union Pacific’s dividend payout ratio is currently 47.45%.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. Robert W. Baird raised their target price on shares of Union Pacific from $228.00 to $260.00 in a research report on Thursday, July 27th. Morgan Stanley cut their price target on shares of Union Pacific from $171.00 to $168.00 in a research note on Thursday, July 6th. Stifel Nicolaus increased their price target on shares of Union Pacific from $216.00 to $223.00 in a research note on Monday, July 17th. Raymond James increased their price target on shares of Union Pacific from $230.00 to $270.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 27th. Finally, StockNews.com assumed coverage on shares of Union Pacific in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Twelve investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $233.97.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.