Union Pacific Co. (NYSE:UNP) Shares Sold by QS Investors LLC

QS Investors LLC reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,915 shares of the railroad operator’s stock after selling 68 shares during the period. QS Investors LLC’s holdings in Union Pacific were worth $2,401,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UNP. ShoreHaven Wealth Partners LLC acquired a new stake in Union Pacific during the first quarter worth about $25,000. Harvest Group Wealth Management LLC acquired a new stake in shares of Union Pacific during the second quarter valued at about $33,000. MV Capital Management Inc. increased its position in shares of Union Pacific by 78.8% during the second quarter. MV Capital Management Inc. now owns 202 shares of the railroad operator’s stock valued at $44,000 after acquiring an additional 89 shares during the last quarter. Regency Capital Management Inc. DE acquired a new stake in shares of Union Pacific during the first quarter valued at about $50,000. Finally, USA Financial Portformulas Corp acquired a new stake in shares of Union Pacific during the second quarter valued at about $53,000. Hedge funds and other institutional investors own 77.07% of the company’s stock.

Union Pacific stock opened at $215.85 on Thursday. Union Pacific Co. has a 52 week low of $171.50 and a 52 week high of $231.26. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 1.94. The firm’s 50-day simple moving average is $213.32 and its 200 day simple moving average is $218.89. The firm has a market capitalization of $140.76 billion, a PE ratio of 24.58, a P/E/G ratio of 2.07 and a beta of 1.13.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 22nd. The railroad operator reported $2.72 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.55 by $0.17. The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a net margin of 28.60% and a return on equity of 37.65%. The firm’s quarterly revenue was up 29.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. On average, research analysts expect that Union Pacific Co. will post 10.02 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Stockholders of record on Tuesday, August 31st were paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date was Monday, August 30th. Union Pacific’s dividend payout ratio is currently 52.26%.

A number of brokerages have weighed in on UNP. Royal Bank of Canada lifted their price target on shares of Union Pacific from $259.00 to $261.00 and gave the company an “outperform” rating in a research report on Friday, July 23rd. Stifel Nicolaus assumed coverage on shares of Union Pacific in a research note on Monday, June 21st. They issued a “hold” rating for the company. Evercore ISI reissued a “buy” rating and issued a $228.00 price objective on shares of Union Pacific in a research note on Friday, September 24th. Barclays raised shares of Union Pacific from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $240.00 to $260.00 in a research note on Monday, October 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Union Pacific from $256.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, September 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Buy” and a consensus price target of $244.68.

Union Pacific Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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