Union Pacific Corporation $UNP Position Reduced by Fayez Sarofim & Co

Fayez Sarofim & Co trimmed its position in Union Pacific Corporation (NYSE:UNP) by 16.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,412,177 shares of the railroad operator’s stock after selling 274,038 shares during the period. Fayez Sarofim & Co owned approximately 0.24% of Union Pacific worth $333,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Focus Partners Wealth grew its holdings in Union Pacific by 3.6% during the third quarter. Focus Partners Wealth now owns 180,721 shares of the railroad operator’s stock worth $42,690,000 after acquiring an additional 6,295 shares during the period. Delta Global Management LP acquired a new stake in Union Pacific in the 3rd quarter valued at about $2,341,000. Distillate Capital Partners LLC acquired a new stake in Union Pacific in the 3rd quarter valued at about $24,573,000. Element Capital Management LLC bought a new position in shares of Union Pacific during the 3rd quarter valued at about $6,030,000. Finally, Elevation Point Wealth Partners LLC boosted its position in shares of Union Pacific by 2,577.9% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 13,443 shares of the railroad operator’s stock valued at $3,177,000 after purchasing an additional 12,941 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on UNP shares. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a report on Thursday, December 11th. 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. TD Cowen dropped their price target on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. One investment 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.77.

Union Pacific Price Performance

UNP stock opened at $242.22 on Monday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14. The firm has a 50-day moving average of $246.47 and a two-hundred day moving average of $233.90. The firm has a market capitalization of $143.73 billion, a PE ratio of 20.24, a P/E/G ratio of 2.65 and a beta of 0.95. 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 earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share 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 analysts’ expectations of $6.15 billion. During the same period last year, the business earned $2.91 earnings per share. The business’s revenue was down .6% on a year-over-year basis. On average, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.

Union Pacific Company 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.