Andra AP fonden Lowers Stock Position in Union Pacific Corporation $UNP

Andra AP fonden trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 12.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 97,414 shares of the railroad operator’s stock after selling 13,300 shares during the period. Andra AP fonden’s holdings in Union Pacific were worth $23,026,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in UNP. Howard Capital Management Group LLC grew its position in Union Pacific by 2.0% during 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. Prestige Wealth Management Group LLC lifted its stake in shares of Union Pacific by 1.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after purchasing an additional 45 shares in the last quarter. Hanson & Doremus Investment Management grew its holdings in shares of Union Pacific by 2.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after purchasing an additional 46 shares during the period. Silver Oak Securities Incorporated grew its holdings 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 worth $252,000 after purchasing an additional 46 shares during the period. Finally, CFO4Life Group LLC raised its holdings in Union Pacific by 1.2% in the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock valued at $887,000 after buying an additional 46 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on UNP shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Barclays reaffirmed an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. BMO Capital Markets reissued a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research report on Thursday, February 19th. Finally, Susquehanna restated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.14.

Union Pacific Price Performance

Shares of UNP stock opened at $264.62 on Friday. The firm has a fifty day moving average of $242.08 and a two-hundred day moving average of $231.48. The firm has a market cap of $157.02 billion, a P/E ratio of 22.11, a P/E/G ratio of 2.90 and a beta of 0.98. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $267.88. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75.

Union Pacific (NYSE:UNP) last issued 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). 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 quarter last year, the company posted $2.91 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, research analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date 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.