Union Pacific Corporation $UNP Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT reduced its position in Union Pacific Corporation (NYSE:UNP) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,587 shares of the railroad operator’s stock after selling 2,634 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Union Pacific were worth $42,213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Union Bancaire Privee UBP SA raised its position 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 valued at $12,492,000 after purchasing an additional 4,707 shares in the last quarter. Midwest Trust Co increased its stake in shares of Union Pacific by 2.8% during the third quarter. Midwest Trust Co now owns 281,036 shares of the railroad operator’s stock worth $66,428,000 after buying an additional 7,759 shares during the period. CX Institutional raised its holdings 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 acquiring an additional 18,742 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Union Pacific by 15.1% in the third quarter. Thrivent Financial for Lutherans now owns 135,188 shares of the railroad operator’s stock worth $31,955,000 after acquiring an additional 17,696 shares during the last quarter. Finally, AustralianSuper Pty Ltd purchased a new position in Union Pacific in the third quarter worth approximately $802,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 1.1%

UNP opened at $266.59 on Wednesday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $267.81. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market capitalization of $158.19 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 2.88 and a beta of 0.98. The business’s 50-day simple moving average is $240.29 and its 200-day simple moving average is $230.69.

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). The firm had revenue of $6.09 billion for 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 quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.91 EPS. Analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is presently 46.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on UNP shares. 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. The Goldman Sachs Group restated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research note on Tuesday, January 27th. 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 report on Thursday, December 11th. Finally, Citigroup reissued a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $260.14.

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.