Resolution Capital Ltd Decreases Holdings in Union Pacific Co. (NYSE:UNP)

Resolution Capital Ltd reduced its position in Union Pacific Co. (NYSE:UNP) by 29.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,280 shares of the railroad operator’s stock after selling 5,890 shares during the period. Resolution Capital Ltd’s holdings in Union Pacific were worth $3,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Wynn Capital LLC boosted its holdings in shares of Union Pacific by 7.2% in the fourth quarter. Wynn Capital LLC now owns 966 shares of the railroad operator’s stock worth $220,000 after buying an additional 65 shares during the last quarter. SeaCrest Wealth Management LLC boosted its stake in shares of Union Pacific by 5.3% during the 4th quarter. SeaCrest Wealth Management LLC now owns 2,306 shares of the railroad operator’s stock worth $526,000 after acquiring an additional 117 shares during the last quarter. Pines Wealth Management LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $588,000. R.H. Investment Group LLC purchased a new stake in shares of Union Pacific in the 4th quarter worth $3,813,000. Finally, Community Trust & Investment Co. raised its holdings in Union Pacific by 3.0% in the 4th quarter. Community Trust & Investment Co. now owns 16,250 shares of the railroad operator’s stock worth $3,706,000 after purchasing an additional 469 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. UBS Group cut their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Benchmark boosted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Barclays reduced their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a report on Friday, April 25th. Stifel Nicolaus lowered their price target on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.86.

Union Pacific Price Performance

UNP stock opened at $228.14 on Thursday. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. The firm has a market capitalization of $136.31 billion, a P/E ratio of 20.57, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a fifty day simple moving average of $224.64 and a two-hundred day simple moving average of $233.68. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the business posted $2.69 EPS. The firm’s revenue was down .1% on a year-over-year basis. Analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is 48.29%.

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.