Nicholson Wealth Management Group LLC Has $359,000 Holdings in Union Pacific Corporation $UNP

Nicholson Wealth Management Group LLC lessened its position in Union Pacific Corporation (NYSE:UNP) by 81.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,517 shares of the railroad operator’s stock after selling 6,790 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Union Pacific were worth $359,000 as of its most recent filing with the SEC.

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

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research note on Wednesday, January 21st. BMO Capital Markets set a $255.00 price target on shares of Union Pacific in a research report on Wednesday, January 7th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Stock Performance

UNP stock opened at $235.14 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.20. The company has a market cap of $139.48 billion, a P/E ratio of 19.64, a price-to-earnings-growth ratio of 2.56 and a beta of 0.98. The business’s fifty day moving average is $232.21 and its 200-day moving average is $226.75.

Union Pacific (NYSE:UNP) last posted 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 company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter in the previous year, the firm posted $2.91 earnings per share. Union Pacific’s quarterly revenue was down .6% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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

Union Pacific Profile

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.