Union Pacific Co. (NYSE:UNP) Shares Sold by Polar Capital Holdings Plc

Polar Capital Holdings Plc trimmed its position in Union Pacific Co. (NYSE:UNP) by 21.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 57,057 shares of the railroad operator’s stock after selling 15,453 shares during the period. Polar Capital Holdings Plc’s holdings in Union Pacific were worth $13,011,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Allred Capital Management LLC lifted its stake in Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock worth $1,904,000 after purchasing an additional 40 shares in the last quarter. Palogic Value Management L.P. lifted its stake in Union Pacific by 1.5% in the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after purchasing an additional 42 shares in the last quarter. Roble Belko & Company Inc lifted its stake in Union Pacific by 26.8% in the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC lifted its stake in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after purchasing an additional 45 shares in the last quarter. Finally, Baron Wealth Management LLC lifted its stake in Union Pacific by 3.3% in the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $230.55 on Friday. The company has a fifty day simple moving average of $224.29 and a two-hundred day simple moving average of $233.67. The company has a market cap of $137.75 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. 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 Co. has a 52 week low of $204.66 and a 52 week high of $258.07.

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

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $1.34 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.32%. Union Pacific’s payout ratio is currently 48.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Barclays decreased their target price on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Susquehanna reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. BMO Capital Markets lifted their price target on shares of Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Stifel Nicolaus reduced their price target on shares of Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $257.86.

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.