Union Pacific Co. (NYSE:UNP) Shares Sold by Fruth Investment Management

Fruth Investment Management decreased its holdings in Union Pacific Co. (NYSE:UNP) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,891 shares of the railroad operator’s stock after selling 100 shares during the quarter. Union Pacific accounts for about 1.1% of Fruth Investment Management’s holdings, making the stock its 24th biggest holding. Fruth Investment Management’s holdings in Union Pacific were worth $4,154,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Norges Bank acquired a new position in shares of Union Pacific during the 4th quarter worth $1,832,127,000. Capital Research Global Investors increased its position in Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock worth $1,682,931,000 after purchasing an additional 1,285,144 shares in the last quarter. Winslow Capital Management LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $293,162,000. The Manufacturers Life Insurance Company grew its position in Union Pacific by 65.5% in the third quarter. The Manufacturers Life Insurance Company now owns 2,348,496 shares of the railroad operator’s stock valued at $478,224,000 after acquiring an additional 929,495 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Union Pacific by 331.7% during the 4th quarter. Cerity Partners LLC now owns 1,143,298 shares of the railroad operator’s stock valued at $280,817,000 after buying an additional 878,490 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.0 %

NYSE:UNP traded up $0.07 during mid-day trading on Thursday, hitting $225.57. The company had a trading volume of 1,219,762 shares, compared to its average volume of 2,259,866. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The business’s fifty day moving average is $232.77 and its two-hundred day moving average is $239.98. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The firm has a market cap of $137.63 billion, a P/E ratio of 21.52, a P/E/G ratio of 1.92 and a beta of 1.07.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.67 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 31st were paid a dividend of $1.30 per share. The ex-dividend date was Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.31%. Union Pacific’s dividend payout ratio is currently 49.62%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on UNP shares. Loop Capital cut Union Pacific from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their price objective for the stock from $248.00 to $267.00 in a research note on Friday, May 3rd. Susquehanna reduced their price objective on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 25th. Morgan Stanley raised their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific 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.