Rathbones Group PLC Reduces Stock Holdings in Union Pacific Corporation $UNP

Rathbones Group PLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 14.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 31,409 shares of the railroad operator’s stock after selling 5,496 shares during the period. Rathbones Group PLC’s holdings in Union Pacific were worth $7,424,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Howard Capital Management Group LLC boosted its stake in Union Pacific by 2.0% during the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after buying an additional 45 shares during the period. Prestige Wealth Management Group LLC raised its stake in shares of Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after acquiring an additional 45 shares during the period. Hanson & Doremus Investment Management raised its stake in shares of Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after acquiring an additional 46 shares during the period. Silver Oak Securities Incorporated lifted its holdings in shares of Union Pacific by 4.5% in the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after acquiring an additional 46 shares during the last quarter. Finally, CFO4Life Group LLC lifted its holdings in shares of Union Pacific by 1.2% in the 3rd quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock worth $887,000 after acquiring an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Robert W. Baird set a $311.00 target price on Union Pacific and gave the company an “outperform” rating in a research report on Friday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $263.77.

Union Pacific Trading Down 2.4%

NYSE UNP opened at $253.98 on Monday. The stock has a market cap of $150.71 billion, a PE ratio of 21.22, a PEG ratio of 2.77 and a beta of 0.95. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The company’s 50-day moving average price is $244.90 and its 200-day moving average price is $233.05. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). The company 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 quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the firm earned $2.91 earnings per share. Equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is currently 46.12%.

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.