Callan Family Office LLC lessened its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 13.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,093 shares of the railroad operator’s stock after selling 2,937 shares during the period. Callan Family Office LLC’s holdings in Union Pacific were worth $4,513,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC increased its stake in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of Union Pacific by 40.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 5,007 shares of the railroad operator’s stock valued at $1,152,000 after buying an additional 1,452 shares during the period. Beacon Financial Advisory LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $216,000. Grimes & Company Inc. raised its stake in Union Pacific by 12.8% during the second quarter. Grimes & Company Inc. now owns 7,882 shares of the railroad operator’s stock worth $1,813,000 after acquiring an additional 895 shares during the period. Finally, Woodmont Investment Counsel LLC lifted its holdings in Union Pacific by 36.4% in the second quarter. Woodmont Investment Counsel LLC now owns 1,841 shares of the railroad operator’s stock worth $424,000 after acquiring an additional 491 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on UNP shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, January 21st. The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research note on Tuesday, January 27th. TD Cowen dropped their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Citigroup reiterated a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $258.32.
Union Pacific Trading Up 2.7%
Shares of NYSE:UNP opened at $241.64 on Wednesday. The company has a 50 day moving average of $232.67 and a 200-day moving average of $226.92. The company has a current ratio of 0.91, a quick ratio of 0.60 and a debt-to-equity ratio of 1.64. The firm has a market cap of $143.33 billion, a P/E ratio of 20.19, a P/E/G ratio of 2.56 and a beta of 0.98. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $253.20.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.Union Pacific’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.91 EPS. As a group, analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th were issued a $1.38 dividend. The ex-dividend date 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 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.
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