Union Pacific Corporation $UNP Shares Sold by L.M. Kohn & Company

L.M. Kohn & Company reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 57.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,000 shares of the railroad operator’s stock after selling 2,674 shares during the period. L.M. Kohn & Company’s holdings in Union Pacific were worth $473,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of UNP. Acadian Asset Management LLC boosted its position in Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after buying an additional 665 shares during the period. Pure Financial Advisors LLC purchased a new position in shares of Union Pacific in the 2nd quarter valued at approximately $660,000. Naples Global Advisors LLC increased its position in Union Pacific by 1.2% during the 2nd quarter. Naples Global Advisors LLC now owns 9,884 shares of the railroad operator’s stock worth $2,274,000 after purchasing an additional 116 shares during the period. Lecap Asset Management Ltd. purchased a new stake in Union Pacific during the second quarter worth about $725,000. Finally, Patriot Financial Group Insurance Agency LLC increased its position in shares of Union Pacific by 14.1% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 3,611 shares of the railroad operator’s stock valued at $831,000 after buying an additional 447 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

NYSE UNP opened at $235.14 on Friday. The company has a 50 day moving average price of $232.21 and a two-hundred day moving average price of $226.81. 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 Corporation has a 12-month low of $204.66 and a 12-month high of $253.20. The stock has a market capitalization of $139.48 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99.

Union Pacific (NYSE:UNP) last announced its 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). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.91 EPS. As a group, equities analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed 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. The ex-dividend date was Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s payout ratio is currently 46.12%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. The Goldman Sachs Group restated a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a report on Tuesday. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday. Barclays restated an “overweight” rating and issued a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a research report on Thursday, December 11th. Finally, BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $258.32.

About Union Pacific

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.