Union Pacific Corporation $UNP Shares Sold by IFC Advisors LLC

IFC Advisors LLC lowered its holdings in Union Pacific Corporation (NYSE:UNP) by 4.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,783 shares of the railroad operator’s stock after selling 341 shares during the quarter. IFC Advisors LLC’s holdings in Union Pacific were worth $1,791,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Pines Wealth Management LLC lifted its holdings in Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock valued at $595,000 after acquiring an additional 43 shares during the period. Titleist Asset Management LLC lifted its holdings in Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after acquiring an additional 44 shares during the period. Five Oceans Advisors increased its position in shares of Union Pacific by 3.9% in the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock valued at $272,000 after buying an additional 44 shares in the last quarter. Stiles Financial Services Inc increased its position in shares of Union Pacific by 1.6% in the first quarter. Stiles Financial Services Inc now owns 2,963 shares of the railroad operator’s stock valued at $700,000 after buying an additional 48 shares in the last quarter. Finally, Avalon Trust Co increased its position in shares of Union Pacific by 5.1% in the first quarter. Avalon Trust Co now owns 1,004 shares of the railroad operator’s stock valued at $237,000 after buying an additional 49 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on UNP shares. Argus cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, August 12th. Baird R W upgraded Union Pacific to a “hold” rating in a research report on Tuesday, July 1st. Susquehanna restated a “positive” rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. BMO Capital Markets raised their price target on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Finally, Morgan Stanley dropped their price target on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $261.58.

Union Pacific Stock Performance

NYSE UNP opened at $225.81 on Tuesday. The firm has a market capitalization of $133.93 billion, a P/E ratio of 19.62, a P/E/G ratio of 2.34 and a beta of 1.07. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The business’s 50-day simple moving average is $224.52 and its 200-day simple moving average is $224.25.

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

Union Pacific Increases Dividend

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

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.