Hantz Financial Services Inc. Reduces Stock Position in Union Pacific Corporation $UNP

Hantz Financial Services Inc. decreased its holdings in Union Pacific Corporation (NYSE:UNP) by 19.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,774 shares of the railroad operator’s stock after selling 13,446 shares during the period. Hantz Financial Services Inc.’s holdings in Union Pacific were worth $13,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Howard Hughes Medical Institute bought a new position in Union Pacific during the 2nd quarter valued at about $30,000. Total Investment Management Inc. bought a new position in shares of Union Pacific during the second quarter valued at approximately $31,000. Financial Gravity Companies Inc. purchased a new stake in shares of Union Pacific in the second quarter worth approximately $31,000. Access Investment Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth approximately $32,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific during the 2nd quarter valued at $33,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $241.64 on Wednesday. The firm has a 50 day moving average of $232.67 and a 200 day moving average of $226.92. The company has a quick ratio of 0.60, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $143.33 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 2.56 and a beta of 0.98. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $253.20.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (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 net margin of 29.12% and a return on equity of 40.89%. The company’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.91 earnings per share. On average, sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on UNP. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. TD Cowen reduced their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Barclays reissued an “overweight” rating and issued a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a research report on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.