Union Pacific Co. (NYSE:UNP) Shares Sold by Delta Investment Management LLC

Delta Investment Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 61.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,980 shares of the railroad operator’s stock after selling 3,114 shares during the quarter. Delta Investment Management LLC’s holdings in Union Pacific were worth $486,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after purchasing an additional 19,145 shares during the last quarter. Northern Trust Corp grew its position in Union Pacific by 4.4% in the third quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock worth $1,385,457,000 after buying an additional 285,988 shares during the last quarter. FMR LLC raised its position in shares of Union Pacific by 62.8% during the third quarter. FMR LLC now owns 5,496,708 shares of the railroad operator’s stock worth $1,119,295,000 after purchasing an additional 2,119,382 shares during the period. Invesco Ltd. raised its holdings in Union Pacific by 18.8% during the 3rd quarter. Invesco Ltd. now owns 5,003,423 shares of the railroad operator’s stock worth $1,018,847,000 after buying an additional 792,896 shares during the period. Finally, Clearbridge Investments LLC raised its holdings in shares of Union Pacific by 108.9% during the third quarter. Clearbridge Investments LLC now owns 4,128,575 shares of the railroad operator’s stock valued at $840,702,000 after acquiring an additional 2,151,893 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $242.79 on Friday. Union Pacific Co. has a 1-year low of $190.45 and a 1-year high of $258.66. The firm’s 50-day moving average price is $244.27 and its two-hundred day moving average price is $235.15. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 1.99. The stock has a market capitalization of $148.13 billion, a price-to-earnings ratio of 23.17, a P/E/G ratio of 2.62 and a beta of 1.07.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the company posted $2.67 earnings per share. The firm’s quarterly revenue was down .4% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Co. will post 11.08 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. Union Pacific’s payout ratio is currently 49.62%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. Susquehanna lifted their price target on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday. The Goldman Sachs Group upped their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. BMO Capital Markets lifted their target price on Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Finally, Morgan Stanley upped their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $258.78.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.