V Wealth Advisors LLC reduced its stake in Union Pacific Co. (NYSE:UNP – Get Rating) by 22.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,614 shares of the railroad operator’s stock after selling 2,468 shares during the period. V Wealth Advisors LLC’s holdings in Union Pacific were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Nordea Investment Management AB grew its stake in shares of Union Pacific by 8.7% in the 3rd quarter. Nordea Investment Management AB now owns 50,653 shares of the railroad operator’s stock valued at $10,083,000 after purchasing an additional 4,051 shares during the period. Sawtooth Solutions LLC grew its position in Union Pacific by 9.3% during the 2nd quarter. Sawtooth Solutions LLC now owns 6,717 shares of the railroad operator’s stock worth $1,433,000 after acquiring an additional 574 shares during the last quarter. Kesler Norman & Wride LLC grew its position in Union Pacific by 1.4% during the 3rd quarter. Kesler Norman & Wride LLC now owns 29,591 shares of the railroad operator’s stock worth $5,765,000 after acquiring an additional 402 shares during the last quarter. PFS Investments Inc. grew its position in Union Pacific by 10.5% during the 2nd quarter. PFS Investments Inc. now owns 30,842 shares of the railroad operator’s stock worth $6,578,000 after acquiring an additional 2,919 shares during the last quarter. Finally, James Hambro & Partners grew its position in Union Pacific by 6.9% during the 2nd quarter. James Hambro & Partners now owns 301,951 shares of the railroad operator’s stock worth $64,414,000 after acquiring an additional 19,400 shares during the last quarter. 77.27% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Raymond James increased their price target on Union Pacific from $220.00 to $244.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, January 18th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $219.00 to $217.00 and set a “neutral” rating on the stock in a research report on Friday, October 21st. Daiwa Capital Markets decreased their price objective on Union Pacific to $190.00 in a research report on Thursday, October 27th. Royal Bank of Canada lowered Union Pacific from a “sector perform” rating to an “underperform” rating and decreased their price objective for the company from $200.00 to $187.00 in a research report on Tuesday, November 1st. Finally, Citigroup decreased their price objective on Union Pacific from $210.00 to $207.00 and set a “neutral” rating on the stock in a research report on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $218.25.
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Rating) last issued its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 EPS for the quarter, missing the consensus estimate of $2.77 by ($0.10). The business had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.66 EPS. On average, research analysts predict that Union Pacific Co. will post 11.47 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Monday, December 19th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.56%. The ex-dividend date was Friday, December 16th. Union Pacific’s payout ratio is presently 46.39%.
Union Pacific Profile
Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.
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