Union Pacific Corporation $UNP Stock Holdings Lessened by Cidel Asset Management Inc.

Cidel Asset Management Inc. trimmed its position in Union Pacific Corporation (NYSE:UNP) by 15.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,551 shares of the railroad operator’s stock after selling 16,010 shares during the quarter. Union Pacific makes up approximately 1.1% of Cidel Asset Management Inc.’s portfolio, making the stock its 29th largest position. Cidel Asset Management Inc.’s holdings in Union Pacific were worth $19,985,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Howard Capital Management Group LLC grew its stake in Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after acquiring an additional 45 shares in the last quarter. St. Johns Investment Management Company LLC raised its stake in shares of Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after acquiring an additional 46 shares in the last quarter. Hanson & Doremus Investment Management raised its position in shares of Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after purchasing an additional 46 shares during the period. Silver Oak Securities Incorporated raised its holdings in Union Pacific by 4.5% in the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after acquiring an additional 46 shares during the period. Finally, Schubert & Co lifted its position in shares of Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock worth $578,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock opened at $260.55 on Friday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $265.37. The firm has a fifty day moving average of $236.44 and a 200-day moving average of $228.63. The firm has a market capitalization of $154.61 billion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 2.84 and a beta of 0.98. 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 (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate 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 for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $2.91 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 annualized dividend and a dividend yield of 2.1%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.

Analyst Ratings Changes

Several research firms recently commented on UNP. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. BMO Capital Markets set a $255.00 target price on Union Pacific in a research report on Wednesday, January 7th. The Goldman Sachs Group reissued a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $280.00 price target on shares of Union Pacific in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Company 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.