Richard C. Young & CO. LTD. Sells 26,029 Shares of Union Pacific Corporation $UNP

Richard C. Young & CO. LTD. lowered its position in Union Pacific Corporation (NYSE:UNP) by 55.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,923 shares of the railroad operator’s stock after selling 26,029 shares during the period. Richard C. Young & CO. LTD.’s holdings in Union Pacific were worth $4,946,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of UNP. Caitlin John LLC bought a new stake in shares of Union Pacific during the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute bought a new position in shares of Union Pacific in the 2nd quarter worth approximately $30,000. Financial Gravity Companies Inc. purchased a new position in shares of Union Pacific in the second quarter worth approximately $31,000. Total Investment Management Inc. bought a new stake in Union Pacific during the second quarter valued at approximately $31,000. Finally, Sagard Holdings Management Inc. purchased a new stake in Union Pacific during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.6%

Shares of Union Pacific stock opened at $265.46 on Wednesday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $268.14. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The company has a market capitalization of $157.52 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.91 and a beta of 0.95. The company has a fifty day moving average of $243.36 and a 200 day moving average of $232.27.

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

Union Pacific Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is currently 46.12%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. TD Cowen lowered their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Citigroup restated a “buy” rating and issued a $270.00 price target (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $260.14.

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.