Capital Advisors Inc. OK Sells 406 Shares of Union Pacific Corporation $UNP

Capital Advisors Inc. OK trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 19.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,648 shares of the railroad operator’s stock after selling 406 shares during the period. Capital Advisors Inc. OK’s holdings in Union Pacific were worth $379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. LGT Group Foundation grew its stake in shares of Union Pacific by 9.7% in the first quarter. LGT Group Foundation now owns 5,398 shares of the railroad operator’s stock worth $1,275,000 after acquiring an additional 477 shares during the last quarter. Nuveen LLC bought a new position in Union Pacific in the 1st quarter worth about $988,822,000. SlateStone Wealth LLC grew its position in Union Pacific by 6.2% during the 1st quarter. SlateStone Wealth LLC now owns 13,264 shares of the railroad operator’s stock valued at $3,133,000 after purchasing an additional 772 shares during the last quarter. Meadow Creek Wealth Advisors LLC grew its position in Union Pacific by 10.9% during the 1st quarter. Meadow Creek Wealth Advisors LLC now owns 3,666 shares of the railroad operator’s stock valued at $866,000 after purchasing an additional 359 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Union Pacific by 16.8% during the 1st quarter. GAMMA Investing LLC now owns 10,545 shares of the railroad operator’s stock valued at $2,491,000 after purchasing an additional 1,520 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $237.33 on Tuesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The company has a market cap of $140.77 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 2.47 and a beta of 1.07. The stock’s fifty day moving average price is $223.83 and its 200-day moving average price is $224.46.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the business earned $2.74 earnings per share. Union Pacific’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were paid a $1.38 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is currently 47.96%.

Analysts Set New Price Targets

UNP has been the topic of several analyst reports. Morgan Stanley dropped their target price on shares of Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. Jefferies Financial Group raised Union Pacific from a “hold” rating to a “buy” rating and upped their price objective for the company from $250.00 to $285.00 in a research report on Friday, July 25th. Royal Bank Of Canada increased their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Robert W. Baird started coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target for the company. Finally, Evercore ISI dropped their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $260.54.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.