Signaturefd LLC Sells 406 Shares of Union Pacific Co. (NYSE:UNP)

Signaturefd LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,576 shares of the railroad operator’s stock after selling 406 shares during the period. Signaturefd LLC’s holdings in Union Pacific were worth $2,846,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UNP. Forum Financial Management LP lifted its stake in shares of Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after purchasing an additional 41 shares during the last quarter. Mission Wealth Management LP lifted its stake in shares of Union Pacific by 0.5% in the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares during the last quarter. Berkeley Capital Partners LLC lifted its stake in shares of Union Pacific by 1.0% in the 4th quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after purchasing an additional 42 shares during the last quarter. Prestige Wealth Management Group LLC lifted its stake in shares of Union Pacific by 1.4% in the 1st quarter. Prestige Wealth Management Group LLC now owns 3,015 shares of the railroad operator’s stock valued at $741,000 after purchasing an additional 42 shares during the last quarter. Finally, Elevated Capital Advisors LLC lifted its stake in shares of Union Pacific by 3.6% in the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock valued at $312,000 after purchasing an additional 44 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.1 %

Union Pacific stock traded up $2.88 during trading on Friday, reaching $256.08. 2,386,553 shares of the company were exchanged, compared to its average volume of 2,260,287. The stock’s 50 day simple moving average is $237.06 and its two-hundred day simple moving average is $239.12. The company has a market capitalization of $156.00 billion, a P/E ratio of 24.44, a PEG ratio of 2.19 and a beta of 1.06. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.57 earnings per share. On average, equities research analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be issued a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Friday, August 30th. Union Pacific’s dividend payout ratio is currently 49.62%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on UNP. Sanford C. Bernstein reduced their price target on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Barclays reduced their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Wells Fargo & Company started coverage on Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective on the stock. Finally, TD Cowen reduced their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Seven research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.79.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.28% of the company’s stock.

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.