Marshall Financial Group LLC trimmed its stake in Union Pacific Corporation (NYSE:UNP – Free Report) by 78.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 977 shares of the railroad operator’s stock after selling 3,643 shares during the period. Marshall Financial Group LLC’s holdings in Union Pacific were worth $226,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Howard Capital Management Group LLC grew its holdings in Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after buying an additional 45 shares in the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Union Pacific by 1.4% during the third quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after buying an additional 45 shares during the last quarter. Keebeck Wealth Management lifted its holdings in shares of Union Pacific by 1.7% in the third quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock worth $636,000 after buying an additional 45 shares in the last quarter. Hanson & Doremus Investment Management lifted its holdings in shares of Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after buying an additional 46 shares in the last quarter. Finally, Silver Oak Securities Incorporated boosted its position in shares of Union Pacific by 4.5% during the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after acquiring an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $267.00 price target on shares of Union Pacific in a report on Tuesday, January 27th. BMO Capital Markets reissued a “market perform” rating and set a $295.00 price objective on shares of Union Pacific in a report on Thursday, February 19th. Citigroup restated a “buy” rating and set a $270.00 price objective (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. Finally, TD Cowen decreased their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $264.86.
Union Pacific Price Performance
Union Pacific stock opened at $238.44 on Tuesday. The company has a market cap of $141.49 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 2.56 and a beta of 0.95. The firm’s fifty day moving average is $247.48 and its 200 day moving average is $234.55. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $268.14.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The firm’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $2.91 EPS. Sell-side analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be given a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is currently 46.12%.
Union Pacific Company 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.
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