Aviso Financial Inc. cut its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 12.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,684 shares of the railroad operator’s stock after selling 368 shares during the period. Aviso Financial Inc.’s holdings in Union Pacific were worth $618,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Pines Wealth Management LLC increased its position in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after acquiring an additional 43 shares in the last quarter. Titleist Asset Management LLC increased its holdings in Union Pacific by 1.1% in the first quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock valued at $946,000 after buying an additional 44 shares during the last quarter. Five Oceans Advisors lifted its stake in Union Pacific by 3.9% during the second quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after purchasing an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC grew its position in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares during the last quarter. Finally, Schubert & Co raised its position in shares of Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after purchasing an additional 47 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Stock Up 2.0%
UNP stock opened at $229.08 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. The firm has a market cap of $135.88 billion, a PE ratio of 19.46, a PEG ratio of 2.27 and a beta of 1.04. The company has a fifty day simple moving average of $225.25 and a 200 day simple moving average of $225.11. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, December 5th. Union Pacific’s dividend payout ratio is presently 46.90%.
Analyst Ratings Changes
A number of research analysts have issued reports on UNP shares. BMO Capital Markets reduced their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Barclays lowered shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. lifted their target price on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Cowen restated a “buy” rating on shares of Union Pacific in a report on Friday, October 24th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $261.63.
Union Pacific Profile
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, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
Further Reading
- Five stocks we like better than Union Pacific
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Warner Bros. Sale Rumors Heat Up: What Investors Need to Know
- Using the MarketBeat Dividend Yield Calculator
- From Science Project to Solvent: WeRide’s 761% Revenue Surge
- What is a Dividend King?
- Will the S&P 500 Rally in December? These 3 Signals Point to a Big Move Ahead
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
