Union Pacific Corporation $UNP Shares Sold by Amova Asset Management Americas Inc.

Amova Asset Management Americas Inc. trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 35.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,794 shares of the railroad operator’s stock after selling 2,051 shares during the period. Amova Asset Management Americas Inc.’s holdings in Union Pacific were worth $897,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitlin John LLC purchased a new position in shares of Union Pacific during the third quarter worth about $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific in the 2nd quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter valued at about $31,000. Total Investment Management Inc. purchased a new position in Union Pacific during the 2nd quarter worth approximately $31,000. Finally, Sagard Holdings Management Inc. purchased a new position in Union Pacific during the 2nd quarter worth approximately $33,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citigroup reiterated a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Wednesday, January 28th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. Barclays reiterated an “overweight” rating and issued a $285.00 price target (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada set a $280.00 price objective 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 issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $260.14.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $260.04 on Friday. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $268.14. The company has a 50-day moving average price of $244.48 and a 200 day moving average price of $232.70. The company has a market cap of $154.31 billion, a P/E ratio of 21.72, a PEG ratio of 2.91 and a beta of 0.95. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) 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 analyst estimates of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.91 EPS. Research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

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

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.