Union Pacific Corporation $UNP Shares Sold by AlphaQuest LLC

AlphaQuest LLC cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 58.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,860 shares of the railroad operator’s stock after selling 5,468 shares during the quarter. AlphaQuest LLC’s holdings in Union Pacific were worth $912,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new stake in Union Pacific during the second quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific during the second quarter valued at approximately $31,000. Total Investment Management Inc. purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $31,000. Access Investment Management LLC purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $32,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific during the 2nd quarter worth approximately $33,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UNP has been the subject of a number of research analyst reports. Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. JPMorgan Chase & Co. decreased their price objective 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. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Trading Down 0.0%

Shares of NYSE UNP opened at $235.01 on Tuesday. The business has a 50 day simple moving average of $232.42 and a 200 day simple moving average of $226.80. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $253.20. The stock has a market cap of $139.40 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 2.56 and a beta of 0.98. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.60 and a current ratio of 0.91.

Union Pacific (NYSE:UNP) last posted 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 business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. Union Pacific’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.91 earnings per share. On average, research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, December 5th. Union Pacific’s dividend payout ratio is presently 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.