HPM Partners LLC Has $370,000 Holdings in Union Pacific Corporation (UNP)
HPM Partners LLC lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 42.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,796 shares of the railroad operator’s stock after selling 16,175 shares during the quarter. HPM Partners LLC’s holdings in Union Pacific Corporation were worth $370,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in UNP. Haverford Trust Co. increased its holdings in Union Pacific Corporation by 0.5% in the 1st quarter. Haverford Trust Co. now owns 53,489 shares of the railroad operator’s stock valued at $5,666,000 after buying an additional 244 shares during the period. Montecito Bank & Trust increased its holdings in Union Pacific Corporation by 20.0% in the 1st quarter. Montecito Bank & Trust now owns 8,065 shares of the railroad operator’s stock valued at $854,000 after buying an additional 1,344 shares during the period. Lincoln National Corp increased its holdings in Union Pacific Corporation by 49.8% in the 1st quarter. Lincoln National Corp now owns 12,007 shares of the railroad operator’s stock valued at $1,272,000 after buying an additional 3,991 shares during the period. Karp Capital Management Corp bought a new stake in Union Pacific Corporation in the 1st quarter valued at $43,185,000. Finally, Smith Salley & Associates increased its holdings in Union Pacific Corporation by 704.8% in the 1st quarter. Smith Salley & Associates now owns 52,346 shares of the railroad operator’s stock valued at $5,544,000 after buying an additional 45,842 shares during the period. 79.66% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of Union Pacific Corporation (NYSE UNP) opened at $115.63 on Friday. The firm has a market capitalization of $91,760.00, a PE ratio of 20.53, a price-to-earnings-growth ratio of 1.88 and a beta of 0.87. Union Pacific Corporation has a twelve month low of $98.60 and a twelve month high of $119.71. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.
Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. The firm had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Union Pacific Corporation had a return on equity of 23.35% and a net margin of 21.84%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.36 EPS. equities analysts anticipate that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This is a boost from Union Pacific Corporation’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.30%. Union Pacific Corporation’s dividend payout ratio is 42.83%.
UNP has been the topic of several analyst reports. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Aegis downgraded shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and boosted their target price for the company from $120.00 to $122.00 in a research note on Tuesday, October 10th. Morgan Stanley boosted their target price on shares of Union Pacific Corporation from $100.00 to $104.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. Off Wall Street started coverage on shares of Union Pacific Corporation in a research note on Tuesday, October 17th. They issued a “sell” rating on the stock. Finally, BMO Capital Markets boosted their target price on shares of Union Pacific Corporation from $123.00 to $127.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $117.59.
About Union Pacific Corporation
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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