Cadence Capital Management LLC reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,832 shares of the railroad operator’s stock after selling 3,559 shares during the period. Cadence Capital Management LLC’s holdings in Union Pacific were worth $11,578,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Gainplan LLC boosted its position in shares of Union Pacific by 0.6% during the 2nd quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock worth $243,000 after purchasing an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV boosted its position in shares of Union Pacific by 0.5% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after purchasing an additional 17 shares in the last quarter. Highland Private Wealth Management boosted its position in shares of Union Pacific by 0.9% during the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock worth $217,000 after purchasing an additional 18 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its position in shares of Union Pacific by 0.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock worth $716,000 after purchasing an additional 20 shares in the last quarter. Finally, BigSur Wealth Management LLC boosted its position in shares of Union Pacific by 0.7% during the 2nd quarter. BigSur Wealth Management LLC now owns 4,680 shares of the railroad operator’s stock worth $480,000 after purchasing an additional 31 shares in the last quarter. Institutional investors own 78.47% of the company’s stock.

Several research analysts have recently issued reports on the company. Morgan Stanley downgraded Union Pacific from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $102.00 to $100.00 in a research note on Monday, October 2nd. Citigroup downgraded Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price target for the company. in a research note on Wednesday, October 4th. Aegis downgraded Union Pacific from a “buy” rating to a “hold” rating and lifted their price target for the stock from $120.00 to $122.00 in a research note on Tuesday, October 10th. JPMorgan Chase & Co. lifted their price target on Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a research note on Thursday, October 12th. Finally, Off Wall Street assumed coverage on Union Pacific in a research note on Tuesday, October 17th. They set a “sell” rating for the company. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $125.16.

Union Pacific Co. (UNP) opened at $141.25 on Friday. Union Pacific Co. has a one year low of $101.06 and a one year high of $142.19. The firm has a market cap of $111,190.00, a PE ratio of 25.00, a P/E/G ratio of 1.89 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the previous year, the company posted $1.36 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. equities analysts expect that Union Pacific Co. will post 5.79 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were paid a $0.665 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. This represents a $2.66 annualized dividend and a yield of 1.88%. Union Pacific’s payout ratio is presently 47.08%.

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Union Pacific Profile

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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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