Woodstock Corp Sells 100 Shares of Union Pacific Co. (NYSE:UNP)

Woodstock Corp trimmed its position in Union Pacific Co. (NYSE:UNP) by 5.6% during the third quarter, HoldingsChannel.com reports. The firm owned 1,672 shares of the railroad operator’s stock after selling 100 shares during the quarter. Woodstock Corp’s holdings in Union Pacific were worth $412,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Marshall Wace LLP raised its holdings in Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. Capital World Investors raised its holdings in Union Pacific by 35.3% during the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after acquiring an additional 1,073,625 shares in the last quarter. Capital Research Global Investors raised its holdings in Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock worth $1,812,689,000 after acquiring an additional 518,985 shares in the last quarter. Bridges Investment Management Inc. raised its holdings in Union Pacific by 186.4% during the second quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator’s stock worth $159,461,000 after acquiring an additional 458,664 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new stake in Union Pacific during the first quarter worth about $96,945,000. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on UNP shares. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Sanford C. Bernstein dropped their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, BMO Capital Markets dropped their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $259.50.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.28% of the stock is currently owned by company insiders.

Union Pacific Trading Up 1.5 %

Shares of NYSE:UNP opened at $242.31 on Monday. The company has a market capitalization of $147.62 billion, a P/E ratio of 22.75, a P/E/G ratio of 2.21 and a beta of 1.05. Union Pacific Co. has a 1 year low of $199.97 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The business’s 50 day simple moving average is $245.67 and its 200 day simple moving average is $238.55.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.57 earnings per share. On average, research analysts anticipate that Union Pacific Co. will post 11.06 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This represents a $5.36 dividend on an annualized basis and a yield of 2.21%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is currently 50.33%.

Union Pacific Company 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.