Richard C. Young & CO. LTD. Sells 26,029 Shares of Union Pacific Corporation $UNP

Richard C. Young & CO. LTD. trimmed its position in Union Pacific Corporation (NYSE:UNP) by 55.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,923 shares of the railroad operator’s stock after selling 26,029 shares during the period. Richard C. Young & CO. LTD.’s holdings in Union Pacific were worth $4,946,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Miramar Capital LLC grew its position in shares of Union Pacific by 14.4% in the 3rd quarter. Miramar Capital LLC now owns 62,053 shares of the railroad operator’s stock worth $14,667,000 after buying an additional 7,805 shares during the period. South Dakota Investment Council boosted its stake in Union Pacific by 187.6% during the third quarter. South Dakota Investment Council now owns 49,189 shares of the railroad operator’s stock worth $11,627,000 after acquiring an additional 32,083 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its holdings in Union Pacific by 9.7% in the third quarter. Focus Partners Advisor Solutions LLC now owns 14,185 shares of the railroad operator’s stock worth $3,290,000 after purchasing an additional 1,249 shares during the period. Kingsview Wealth Management LLC grew its holdings in Union Pacific by 7.4% in the third quarter. Kingsview Wealth Management LLC now owns 25,944 shares of the railroad operator’s stock worth $6,132,000 after purchasing an additional 1,781 shares during the period. Finally, Elo Mutual Pension Insurance Co increased its stake in shares of Union Pacific by 1.5% during the third quarter. Elo Mutual Pension Insurance Co now owns 44,100 shares of the railroad operator’s stock valued at $10,424,000 after purchasing an additional 641 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.6%

UNP stock opened at $265.46 on Wednesday. The stock has a market capitalization of $157.52 billion, a P/E ratio of 22.18, a P/E/G ratio of 2.91 and a beta of 0.95. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.91 and a quick ratio of 0.75. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $268.14. The business has a fifty day moving average price of $243.36 and a 200-day moving average price of $232.27.

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 business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. During the same quarter in the previous year, the business posted $2.91 earnings per share. Union Pacific’s quarterly revenue was down .6% compared to the same quarter last year. Equities analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have recently commented on the company. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a research report on Tuesday, January 27th. JPMorgan Chase & Co. dropped their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a report on Wednesday, January 28th. Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $295.00 price target on shares of Union Pacific in a research report on Thursday, February 19th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus 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.