Union Pacific Corporation $UNP Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 49.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,120 shares of the railroad operator’s stock after selling 7,826 shares during the period. Simplicity Wealth LLC’s holdings in Union Pacific were worth $1,919,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Norges Bank purchased a new stake in shares of Union Pacific during the second quarter worth approximately $1,856,340,000. Fisher Asset Management LLC boosted its stake in Union Pacific by 0.7% during the 2nd quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock worth $1,472,217,000 after purchasing an additional 46,436 shares during the last quarter. Amundi boosted its stake in Union Pacific by 35.6% during the 2nd quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock worth $1,134,236,000 after purchasing an additional 1,255,231 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Union Pacific by 32.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after buying an additional 778,411 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of Union Pacific by 22,618.2% in the second quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after buying an additional 2,613,083 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a report on Thursday, December 11th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. UBS Group set a $253.00 price objective on Union Pacific and gave the stock a “neutral” rating in a research note on Friday, October 3rd. Finally, Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.58.

Union Pacific Price Performance

Shares of UNP opened at $231.44 on Friday. The firm has a 50-day simple moving average of $231.09 and a two-hundred day simple moving average of $226.98. The stock has a market cap of $137.28 billion, a PE ratio of 19.66, a P/E/G ratio of 2.64 and a beta of 0.99. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $2.75 EPS. As a group, analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is currently 46.90%.

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.