Applied Finance Capital Management LLC Sells 2,671 Shares of Union Pacific Corporation $UNP

Applied Finance Capital Management LLC lessened its stake in shares of Union Pacific Corporation (NYSE:UNP) by 3.3% in the third quarter, HoldingsChannel.com reports. The firm owned 78,986 shares of the railroad operator’s stock after selling 2,671 shares during the quarter. Applied Finance Capital Management LLC’s holdings in Union Pacific were worth $18,670,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Union Pacific during the 2nd quarter worth approximately $1,856,340,000. Laurel Wealth Advisors LLC boosted its position in shares of Union Pacific by 22,618.2% during 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 purchasing an additional 2,613,083 shares in the last quarter. Amundi grew its stake in Union Pacific by 35.6% in the second 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 period. Rothschild & Co Wealth Management UK Ltd raised its holdings in Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after purchasing an additional 983,855 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in 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 valued at $725,222,000 after buying an additional 778,411 shares during the period. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several research reports. BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a research note on Wednesday, January 7th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a report on Thursday, December 18th. Barclays restated an “overweight” rating and issued a $285.00 price target (up previously from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research report on Monday, January 19th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Trading Up 0.7%

Shares of NYSE:UNP opened at $254.46 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.60. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $254.94. The company has a market cap of $150.94 billion, a P/E ratio of 21.26, a PEG ratio of 2.75 and a beta of 0.98. The stock’s fifty day moving average price is $234.32 and its 200-day moving average price is $227.64.

Union Pacific (NYSE:UNP) last announced 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 for the quarter, compared to analysts’ expectations of $6.15 billion. During the same period in the previous year, the business earned $2.91 EPS. The business’s revenue was down .6% compared to the same quarter last year. Sell-side analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is 46.12%.

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.