Edgar Lomax Co. VA Decreases Stock Holdings in Union Pacific Corporation $UNP

Edgar Lomax Co. VA trimmed its position in shares of Union Pacific Corporation (NYSE:UNP) by 22.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,415 shares of the railroad operator’s stock after selling 21,645 shares during the quarter. Edgar Lomax Co. VA’s holdings in Union Pacific were worth $17,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC grew its position in shares of Union Pacific by 2.0% during the 3rd 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 boosted its position in shares of Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after purchasing an additional 45 shares during the period. Hanson & Doremus Investment Management increased its stake in shares of Union Pacific by 2.5% in the third 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 in the last quarter. Silver Oak Securities Incorporated raised 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 during the period. Finally, CFO4Life Group LLC lifted its stake in shares of Union Pacific by 1.2% during the 3rd 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 in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Down 2.5%

NYSE UNP opened at $260.04 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The firm has a market capitalization of $154.31 billion, a price-to-earnings ratio of 21.72, a PEG ratio of 2.91 and a beta of 0.95. The company has a fifty day moving average of $244.48 and a two-hundred day moving average of $232.70.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same quarter last year, the business posted $2.91 EPS. Union Pacific’s revenue was down .6% compared to the same quarter last year. On average, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The firm 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 dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is 46.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UNP shares. JPMorgan Chase & Co. cut their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. Citigroup restated a “buy” rating and issued a $270.00 price target (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Finally, Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.14.

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.