Denali Advisors LLC Sells 3,670 Shares of Union Pacific Corporation $UNP

Denali Advisors LLC decreased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 38.9% during the third quarter, HoldingsChannel.com reports. The firm owned 5,768 shares of the railroad operator’s stock after selling 3,670 shares during the period. Denali Advisors LLC’s holdings in Union Pacific were worth $1,363,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in UNP. Howard Capital Management Group LLC boosted its position in shares of Union Pacific by 2.0% in the third quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after acquiring an additional 45 shares during the period. St. Johns Investment Management Company LLC lifted its stake in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after purchasing an additional 46 shares in the last quarter. Hanson & Doremus Investment Management boosted its holdings in Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after purchasing an additional 46 shares during the period. Silver Oak Securities Incorporated grew its position in shares of Union Pacific by 4.5% during the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares in the last quarter. Finally, Fiduciary Family Office LLC increased its holdings in shares of Union Pacific by 1.1% in the second quarter. Fiduciary Family Office LLC now owns 4,452 shares of the railroad operator’s stock worth $1,024,000 after purchasing an additional 47 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.5%

UNP stock opened at $260.55 on Tuesday. The company has a market capitalization of $154.61 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 2.84 and a beta of 0.98. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. Union Pacific Corporation has a one year low of $204.66 and a one year high of $265.37. The company’s 50 day moving average price is $236.94 and its two-hundred day moving average price is $228.92.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 analysts’ expectations 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 for the quarter was down .6% on a year-over-year basis. During the same period last year, the company posted $2.91 EPS. As a group, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Wall Street Analyst Weigh In

UNP has been the subject of several research analyst reports. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a research note on Thursday, December 18th. JPMorgan Chase & Co. dropped their price target 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. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Citigroup restated a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Finally, BMO Capital Markets set a $255.00 target price on shares of Union Pacific in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average price target of $258.32.

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.