US Bancorp DE Sells 14,185 Shares of Union Pacific Corporation $UNP

US Bancorp DE trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 1.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 779,481 shares of the railroad operator’s stock after selling 14,185 shares during the quarter. US Bancorp DE’s holdings in Union Pacific were worth $184,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new position in shares of Union Pacific during the 2nd quarter valued at $30,000. Financial Gravity Companies Inc. purchased a new stake in Union Pacific during the second quarter valued at about $31,000. Total Investment Management Inc. bought a new position in Union Pacific during the second quarter worth about $31,000. Access Investment Management LLC bought a new stake in shares of Union Pacific in the second quarter valued at approximately $32,000. Finally, Sagard Holdings Management Inc. bought a new position in Union Pacific in the 2nd quarter worth approximately $33,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $264.53 on Thursday. 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 stock has a market capitalization of $156.97 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 2.91 and a beta of 0.98. The company has a fifty day moving average of $240.85 and a 200-day moving average of $230.93. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $267.88.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. During the same quarter in the prior year, the firm posted $2.91 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Barclays restated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a research report on Tuesday, December 16th. The Goldman Sachs Group reiterated a “neutral” rating and set a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Susquehanna reissued a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Finally, TD Cowen dropped their price objective on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. One 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $260.14.

Union Pacific 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.