Guardian Capital Advisors LP Sells 1,304 Shares of Union Pacific Co. (NYSE:UNP)

Guardian Capital Advisors LP lowered its holdings in Union Pacific Co. (NYSE:UNPGet Rating) by 57.9% in the first quarter, HoldingsChannel.com reports. The firm owned 950 shares of the railroad operator’s stock after selling 1,304 shares during the quarter. Guardian Capital Advisors LP’s holdings in Union Pacific were worth $233,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in UNP. Norges Bank bought a new stake in shares of Union Pacific during the 4th quarter worth approximately $1,449,526,000. BlackRock Inc. lifted its holdings in shares of Union Pacific by 6.4% during the 4th quarter. BlackRock Inc. now owns 45,822,201 shares of the railroad operator’s stock worth $11,543,985,000 after acquiring an additional 2,776,330 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of Union Pacific by 316.9% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,965,684 shares of the railroad operator’s stock worth $740,073,000 after acquiring an additional 2,254,336 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Union Pacific by 638.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,014,327 shares of the railroad operator’s stock worth $550,334,000 after acquiring an additional 1,741,490 shares during the period. Finally, State Street Corp increased its position in Union Pacific by 5.2% during the 1st quarter. State Street Corp now owns 28,864,818 shares of the railroad operator’s stock worth $7,886,157,000 after purchasing an additional 1,422,087 shares in the last quarter. Institutional investors own 77.89% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of research analyst reports. Barclays lowered their price objective on shares of Union Pacific from $290.00 to $255.00 and set an “overweight” rating for the company in a research report on Tuesday, June 21st. Credit Suisse Group lowered their price objective on shares of Union Pacific to $252.00 in a research report on Friday, July 22nd. Susquehanna cut shares of Union Pacific from a “positive” rating to a “neutral” rating and set a $235.00 price objective for the company. in a research report on Wednesday, July 6th. They noted that the move was a valuation call. StockNews.com upgraded shares of Union Pacific from a “hold” rating to a “buy” rating in a research report on Monday, September 5th. Finally, Citigroup cut shares of Union Pacific from a “buy” rating to a “neutral” rating and decreased their price target for the company from $287.00 to $235.00 in a research report on Thursday, May 19th. Eleven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $248.17.

Union Pacific Stock Up 1.0 %

Shares of NYSE UNP opened at $234.16 on Tuesday. The firm has a market cap of $146.23 billion, a PE ratio of 21.82, a P/E/G ratio of 2.01 and a beta of 1.14. Union Pacific Co. has a 12-month low of $195.68 and a 12-month high of $278.94. The company’s fifty day simple moving average is $224.57 and its 200 day simple moving average is $232.62. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 2.33.

Union Pacific (NYSE:UNPGet Rating) last released its quarterly earnings data on Thursday, July 21st. The railroad operator reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. Union Pacific had a net margin of 29.23% and a return on equity of 52.00%. The firm had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the firm earned $2.72 earnings per share. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Union Pacific Co. will post 11.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Wednesday, August 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Tuesday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 48.46%.

About Union Pacific

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Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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