Checchi Capital Advisers LLC Cuts Position in Union Pacific Co. (NYSE:UNP)

Checchi Capital Advisers LLC cut its holdings in Union Pacific Co. (NYSE:UNP – Get Rating) by 13.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,413 shares of the railroad operator’s stock after selling 1,032 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Union Pacific were worth $1,328,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Banque Pictet & Cie SA lifted its holdings in Union Pacific by 1.5% during the fourth quarter. Banque Pictet & Cie SA now owns 36,102 shares of the railroad operator’s stock worth $7,476,000 after buying an additional 522 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of Union Pacific by 42.2% in the fourth quarter. Kestra Advisory Services LLC now owns 77,090 shares of the railroad operator’s stock worth $15,963,000 after buying an additional 22,861 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in Union Pacific by 40.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 3,264 shares of the railroad operator’s stock valued at $676,000 after buying an additional 932 shares in the last quarter. Boit C F David acquired a new stake in shares of Union Pacific during the 3rd quarter worth approximately $774,000. Finally, Keebeck Alpha LP acquired a new position in shares of Union Pacific in the 3rd quarter valued at $246,000. 77.27% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.3 %

NYSE:UNP traded up $0.49 on Friday, hitting $193.70. 359,361 shares of the stock were exchanged, compared to its average volume of 3,113,367. The company has a current ratio of 0.65, a quick ratio of 0.54 and a debt-to-equity ratio of 2.50. Union Pacific Co. has a fifty-two week low of $183.69 and a fifty-two week high of $242.35. The stock has a market cap of $118.21 billion, a PE ratio of 17.09, a PEG ratio of 1.69 and a beta of 1.10. The stock has a fifty day moving average of $196.68 and a 200-day moving average of $203.79.

Union Pacific (NYSE:UNP – Get Rating) last issued its earnings results on Thursday, April 20th. The railroad operator reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.10. Union Pacific had a net margin of 27.91% and a return on equity of 57.75%. The firm had revenue of $6.06 billion during the quarter, compared to analysts’ expectations of $6.03 billion. During the same period last year, the firm posted $2.57 earnings per share. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, equities analysts expect that Union Pacific Co. will post 11.34 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Wednesday, May 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend is Tuesday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 45.94%.

Insiders Place Their Bets

In other Union Pacific news, EVP Elizabeth F. Whited sold 2,500 shares of the stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $213.00, for a total transaction of $532,500.00. Following the completion of the sale, the executive vice president now directly owns 39,080 shares in the company, valued at approximately $8,324,040. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

UNP has been the topic of several recent research reports. UBS Group boosted their price target on Union Pacific from $210.00 to $212.00 and gave the company a “neutral” rating in a research report on Friday, April 21st. Bank of America raised their price target on shares of Union Pacific from $241.00 to $247.00 and gave the stock a “buy” rating in a research report on Friday, April 21st. Deutsche Bank Aktiengesellschaft cut their price objective on Union Pacific from $215.00 to $207.00 in a report on Wednesday, March 15th. StockNews.com began coverage on shares of Union Pacific in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, BMO Capital Markets cut their target price on shares of Union Pacific from $245.00 to $240.00 and set an “outperform” rating for the company in a research note on Friday, April 21st. Thirteen research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $217.41.

Union Pacific Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.