L.M. Kohn & Company Decreases Stock Holdings in Union Pacific Corporation $UNP

L.M. Kohn & Company reduced its position in Union Pacific Corporation (NYSE:UNP) by 57.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,000 shares of the railroad operator’s stock after selling 2,674 shares during the period. L.M. Kohn & Company’s holdings in Union Pacific were worth $473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Norges Bank acquired a new position in Union Pacific during the 2nd quarter valued at about $1,856,340,000. Fisher Asset Management LLC grew its stake in shares of Union Pacific by 0.7% during the second quarter. Fisher Asset Management LLC now owns 6,398,715 shares of the railroad operator’s stock worth $1,472,217,000 after acquiring an additional 46,436 shares during the last quarter. Amundi increased its holdings in shares of Union Pacific by 35.6% during the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock valued at $1,134,236,000 after acquiring an additional 1,255,231 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Union Pacific by 32.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock valued at $725,222,000 after acquiring an additional 778,411 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of Union Pacific by 22,618.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after purchasing an additional 2,613,083 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP opened at $235.14 on Friday. The business’s 50-day moving average is $232.21 and its two-hundred day moving average is $226.81. The company has a market capitalization of $139.48 billion, a P/E ratio of 19.64, a P/E/G ratio of 2.57 and a beta of 0.99. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $253.20. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.60 and a current ratio of 0.91.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were paid a dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is presently 46.12%.

Analysts Set New Price Targets

UNP has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research report on Thursday, December 11th. Royal Bank Of Canada set a $280.00 price objective on shares of Union Pacific in a report on Thursday, December 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, January 21st. Citigroup restated a “buy” rating and issued a $270.00 target price (up previously from $265.00) on shares of Union Pacific in a research note on Wednesday. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.32.

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.