Denali Advisors LLC Sells 3,670 Shares of Union Pacific Corporation $UNP

Denali Advisors LLC lessened its stake in Union Pacific Corporation (NYSE:UNP) by 38.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,768 shares of the railroad operator’s stock after selling 3,670 shares during the quarter. Denali Advisors LLC’s holdings in Union Pacific were worth $1,363,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UNP. Howard Capital Management Group LLC lifted 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 grew 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 worth $693,000 after acquiring an additional 46 shares in the last quarter. Hanson & Doremus Investment Management raised its holdings 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 last quarter. Silver Oak Securities Incorporated lifted its position in shares of Union Pacific by 4.5% during the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after purchasing an additional 46 shares in the last quarter. Finally, Fiduciary Family Office LLC boosted its holdings in Union Pacific by 1.1% during the second quarter. Fiduciary Family Office LLC now owns 4,452 shares of the railroad operator’s stock worth $1,024,000 after purchasing an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. Citigroup reiterated a “buy” rating and issued a $270.00 price objective (up previously from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. TD Cowen decreased their price target on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research note on Thursday, December 11th. Finally, Susquehanna reiterated a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $258.32.

Union Pacific Stock Down 0.5%

Shares of NYSE UNP opened at $260.55 on Tuesday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. The stock has a market capitalization of $154.61 billion, a PE ratio of 21.77, a P/E/G ratio of 2.84 and a beta of 0.98. Union Pacific Corporation has a one year low of $204.66 and a one year high of $265.37. The business’s fifty day moving average price is $236.94 and its 200-day moving average price is $228.92.

Union Pacific (NYSE:UNP) last announced 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 firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company’s revenue was down .6% compared to the same quarter last year. During the same period last year, the business posted $2.91 EPS. On average, equities research analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given 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 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.