Union Pacific Corporation $UNP Shares Sold by Berry Wealth Group LP

Berry Wealth Group LP lessened its position in shares of Union Pacific Corporation (NYSE:UNP) by 84.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,084 shares of the railroad operator’s stock after selling 5,821 shares during the quarter. Union Pacific accounts for 0.8% of Berry Wealth Group LP’s portfolio, making the stock its 26th largest position. Berry Wealth Group LP’s holdings in Union Pacific were worth $256,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Howard Capital Management Group LLC raised its position 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 worth $532,000 after buying an additional 45 shares during the last quarter. Prestige Wealth Management Group LLC increased its stake in shares of Union Pacific by 1.4% in the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock worth $753,000 after acquiring an additional 45 shares during the period. Hanson & Doremus Investment Management increased its stake 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 worth $444,000 after acquiring an additional 46 shares during the period. Silver Oak Securities Incorporated raised its holdings 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 worth $252,000 after purchasing an additional 46 shares during the last quarter. Finally, CFO4Life Group LLC lifted its position in Union Pacific by 1.2% during the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock valued at $887,000 after purchasing an additional 46 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. JPMorgan Chase & Co. cut their price target on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $267.00 target price on shares of Union Pacific in a report on Tuesday, January 27th. 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 report on Wednesday, January 28th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $260.14.

Union Pacific Price Performance

Shares of NYSE UNP opened at $260.04 on Friday. 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 firm has a fifty day moving average of $244.48 and a 200 day moving average of $232.70. The firm has a market cap of $154.31 billion, a PE ratio of 21.72, a PEG ratio of 2.91 and a beta of 0.95. Union Pacific Corporation has a one year low of $204.66 and a one year high of $268.14.

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

Union Pacific Announces Dividend

The company 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 $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s payout ratio is presently 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.