Wells Trecaso Financial Group LLC Sells 9,252 Shares of Union Pacific Corporation $UNP

Wells Trecaso Financial Group LLC lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 37.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,217 shares of the railroad operator’s stock after selling 9,252 shares during the period. Union Pacific comprises about 1.7% of Wells Trecaso Financial Group LLC’s portfolio, making the stock its 19th biggest holding. Wells Trecaso Financial Group LLC’s holdings in Union Pacific were worth $3,597,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Howard Capital Management Group LLC boosted its position in Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after buying an additional 45 shares in the last quarter. St. Johns Investment Management Company LLC boosted its holdings in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after acquiring an additional 46 shares in the last quarter. Hanson & Doremus Investment Management grew its position in Union Pacific by 2.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after acquiring an additional 46 shares during the last quarter. Silver Oak Securities Incorporated grew its position in Union Pacific by 4.5% during 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, Schubert & Co increased its holdings in Union Pacific by 1.9% in the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after purchasing an additional 47 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on UNP shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, January 21st. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. TD Cowen reduced their price objective on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Citigroup restated a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Stock Down 0.0%

Shares of NYSE:UNP opened at $251.40 on Friday. The business’s 50 day moving average is $233.45 and its 200 day moving average is $227.25. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $253.20. The stock has a market cap of $149.12 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 2.72 and a beta of 0.98. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.91 earnings per share. On average, sell-side analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal 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 paid a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 annualized dividend and a yield of 2.2%. Union Pacific’s dividend payout ratio (DPR) is 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.