West Financial Advisors LLC Sells 47 Shares of Union Pacific Corporation $UNP

West Financial Advisors LLC reduced its stake in shares of Union Pacific Corporation (NYSE:UNP) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 667 shares of the railroad operator’s stock after selling 47 shares during the quarter. West Financial Advisors LLC’s holdings in Union Pacific were worth $153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Nuveen LLC purchased a new position in Union Pacific during the first quarter valued at $988,822,000. Goldman Sachs Group Inc. boosted its holdings in shares of Union Pacific by 29.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock valued at $873,878,000 after purchasing an additional 850,025 shares during the last quarter. Auto Owners Insurance Co grew its position in shares of Union Pacific by 61,054.6% during the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock valued at $147,650,000 after purchasing an additional 623,978 shares in the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in shares of Union Pacific in the first quarter worth about $115,096,000. Finally, Canada Pension Plan Investment Board lifted its position in shares of Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after buying an additional 452,788 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock opened at $234.65 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $256.84. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The firm has a 50-day moving average price of $223.43 and a 200-day moving average price of $224.59. The firm has a market capitalization of $139.16 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 2.45 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The company had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.74 EPS. As a group, equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s dividend payout ratio is 47.96%.

Analysts Set New Price Targets

Several research firms have weighed in on UNP. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their price target for the company from $250.00 to $285.00 in a report on Friday, July 25th. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and increased their target price for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. BMO Capital Markets boosted their price target on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Robert W. Baird assumed coverage on shares of Union Pacific in a research report on Tuesday, July 1st. They set a “neutral” rating and a $231.00 price objective for the company. Finally, Royal Bank Of Canada lifted their price objective on shares of Union Pacific from $257.00 to $276.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $260.00.

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.