Forza Wealth Management LLC Has $437,000 Stock Position in Union Pacific Co. (NYSE:UNP)

Forza Wealth Management LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,915 shares of the railroad operator’s stock after selling 200 shares during the period. Forza Wealth Management LLC’s holdings in Union Pacific were worth $437,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. GHP Investment Advisors Inc. increased its stake in shares of Union Pacific by 4.6% during the 2nd quarter. GHP Investment Advisors Inc. now owns 1,206 shares of the railroad operator’s stock worth $273,000 after purchasing an additional 53 shares during the last quarter. Federated Hermes Inc. raised its stake in Union Pacific by 3,524.7% in the second quarter. Federated Hermes Inc. now owns 112,292 shares of the railroad operator’s stock valued at $25,407,000 after buying an additional 109,194 shares during the period. Thoroughbred Financial Services LLC lifted its position in shares of Union Pacific by 12.1% in the second quarter. Thoroughbred Financial Services LLC now owns 5,178 shares of the railroad operator’s stock valued at $1,171,000 after buying an additional 557 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Union Pacific by 8.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 39,597 shares of the railroad operator’s stock worth $8,959,000 after acquiring an additional 2,981 shares during the period. Finally, Lyell Wealth Management LP increased its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Lyell Wealth Management LP now owns 35,548 shares of the railroad operator’s stock worth $8,043,000 after acquiring an additional 168 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE UNP traded up $1.69 during midday trading on Monday, reaching $226.90. 1,140,744 shares of the company were exchanged, compared to its average volume of 2,368,456. The stock’s 50-day moving average price is $234.64 and its 200-day moving average price is $238.83. The stock has a market cap of $137.56 billion, a P/E ratio of 20.84, a PEG ratio of 2.33 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.

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

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.36%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analyst Ratings Changes

Several brokerages have issued reports on UNP. Royal Bank of Canada cut their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Stifel Nicolaus cut their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein dropped their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

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.