Union Pacific Co. (NYSE:UNP) Shares Sold by Gould Capital LLC

Gould Capital LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 27.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 12,493 shares of the railroad operator’s stock after selling 4,655 shares during the period. Union Pacific accounts for approximately 2.0% of Gould Capital LLC’s holdings, making the stock its 22nd largest holding. Gould Capital LLC’s holdings in Union Pacific were worth $3,079,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UNP. State Street Corp lifted its holdings in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares in the last quarter. Geode Capital Management LLC increased its stake in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after buying an additional 182,620 shares during the period. Ameriprise Financial Inc. lifted its position in Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Fisher Asset Management LLC boosted its stake in shares of Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after buying an additional 143,896 shares during the period. Finally, Legal & General Group Plc grew its holdings in shares of Union Pacific by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNP. BMO Capital Markets cut their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Wells Fargo & Company reduced their price target on Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Finally, Barclays increased their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Up 0.6 %

Shares of NYSE:UNP opened at $233.54 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $141.59 billion, a P/E ratio of 21.45, a P/E/G ratio of 2.31 and a beta of 1.05. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company’s 50-day moving average price is $238.96 and its two-hundred day moving average price is $238.29.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business posted $2.51 earnings per share. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $1.34 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.30%. Union Pacific’s dividend payout ratio is currently 49.22%.

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, 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.