Peterson Wealth Services Decreases Holdings in Union Pacific Corporation $UNP

Peterson Wealth Services decreased its holdings in Union Pacific Corporation (NYSE:UNP) by 93.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,232 shares of the railroad operator’s stock after selling 17,589 shares during the period. Peterson Wealth Services’ holdings in Union Pacific were worth $291,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in UNP. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Union Pacific by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after acquiring an additional 8,925 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its position in Union Pacific by 26.4% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock worth $5,494,000 after acquiring an additional 4,980 shares during the last quarter. Union Bancaire Privee UBP SA increased its stake in Union Pacific by 9.8% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock worth $12,492,000 after purchasing an additional 4,707 shares during the period. CX Institutional lifted its position in Union Pacific by 39.8% in the third quarter. CX Institutional now owns 65,826 shares of the railroad operator’s stock valued at $15,559,000 after purchasing an additional 18,742 shares during the last quarter. Finally, AustralianSuper Pty Ltd bought a new stake in Union Pacific in the third quarter valued at approximately $802,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UNP. Barclays restated an “overweight” rating and issued a $285.00 target price (up previously from $270.00) on shares of Union Pacific in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a report on Thursday, December 11th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. BMO Capital Markets set a $255.00 target price on shares of Union Pacific in a report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. reduced their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $258.32.

Union Pacific Trading Up 2.7%

NYSE:UNP opened at $241.64 on Wednesday. The company has a 50-day moving average price of $232.67 and a 200-day moving average price of $226.92. The stock has a market cap of $143.33 billion, a price-to-earnings ratio of 20.19, a P/E/G ratio of 2.56 and a beta of 0.98. The company has a current ratio of 0.91, a quick ratio of 0.60 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $253.20.

Union Pacific (NYSE:UNP) last released 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). 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 during the quarter, compared to the consensus estimate of $6.15 billion. During the same period in the previous year, the company earned $2.91 earnings per share. Union Pacific’s quarterly revenue was down .6% on a year-over-year basis. Equities analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

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

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.