Union Pacific Corporation $UNP Shares Sold by Synergy Asset Management LLC

Synergy Asset Management LLC cut its position in shares of Union Pacific Corporation (NYSE:UNP) by 99.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,176 shares of the railroad operator’s stock after selling 131,044 shares during the quarter. Synergy Asset Management LLC’s holdings in Union Pacific were worth $272,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital World Investors raised its holdings in shares of Union Pacific by 193.3% during the third quarter. Capital World Investors now owns 10,481,043 shares of the railroad operator’s stock worth $2,477,404,000 after purchasing an additional 6,908,016 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Union Pacific by 72.7% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after buying an additional 3,861,636 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of Union Pacific by 95.0% in the 3rd quarter. Capital Research Global Investors now owns 8,713,196 shares of the railroad operator’s stock valued at $2,059,538,000 after buying an additional 4,244,226 shares during the period. Norges Bank acquired a new position in shares of Union Pacific in the 2nd quarter valued at about $1,856,340,000. Finally, Franklin Resources Inc. grew its position in shares of Union Pacific by 18.9% during the 3rd quarter. Franklin Resources Inc. now owns 7,164,334 shares of the railroad operator’s stock valued at $1,693,434,000 after buying an additional 1,139,926 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.1%

Shares of NYSE:UNP opened at $239.06 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The company’s 50-day moving average price is $248.35 and its 200 day moving average price is $234.92. The company has a market cap of $141.86 billion, a PE ratio of 19.97, a P/E/G ratio of 2.61 and a beta of 0.95. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $268.14.

Union Pacific (NYSE:UNP) last posted its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same quarter last year, the company posted $2.91 EPS. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio is 46.12%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on UNP shares. BMO Capital Markets reiterated a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Citigroup restated a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Barclays reissued an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Finally, Robert W. Baird set a $311.00 price objective on Union Pacific and gave the company an “outperform” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $264.86.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.