Mcdonald Partners LLC Trims Stock Position in Union Pacific Corporation $UNP

Mcdonald Partners LLC cut its holdings in Union Pacific Corporation (NYSE:UNP) by 55.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,614 shares of the railroad operator’s stock after selling 1,997 shares during the period. Mcdonald Partners LLC’s holdings in Union Pacific were worth $383,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Caitlin John LLC purchased a new position in shares of Union Pacific during the 3rd quarter worth $27,000. Howard Hughes Medical Institute purchased a new position in Union Pacific during the second quarter worth about $30,000. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific during the second quarter valued at about $31,000. Total Investment Management Inc. purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $31,000. Finally, Sagard Holdings Management Inc. purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in 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. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. Finally, TD Cowen cut their price target 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. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $260.14.

Union Pacific Trading Up 0.2%

UNP opened at $266.31 on Thursday. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The stock has a market capitalization of $158.03 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 2.90 and a beta of 0.95. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The business has a fifty day moving average price of $243.98 and a 200 day moving average price of $232.50.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results 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 net margin of 29.12% and a return on equity of 40.89%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. During the same period in the prior year, the business earned $2.91 EPS. Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. Sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors 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 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s payout ratio is currently 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.