Radnor Capital Management LLC lessened its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 11.7% in the fourth quarter, HoldingsChannel reports. The firm owned 10,472 shares of the railroad operator’s stock after selling 1,385 shares during the period. Radnor Capital Management LLC’s holdings in Union Pacific were worth $2,388,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the third quarter valued at $30,000. Fairscale Capital LLC purchased a new stake in shares of Union Pacific in the second quarter worth about $31,000. Jamison Private Wealth Management Inc. grew its holdings in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in shares of Union Pacific in the 3rd quarter worth about $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on UNP. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Barclays raised their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Citigroup upped their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. 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 report on Friday, September 20th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.80.
Union Pacific Trading Up 1.1 %
Shares of NYSE:UNP opened at $229.25 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company’s 50 day moving average is $234.49 and its two-hundred day moving average is $238.87. The company has a market cap of $138.98 billion, a PE ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the company earned $2.51 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.34%. Union Pacific’s dividend payout ratio is presently 49.22%.
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.
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