McElhenny Sheffield Capital Management LLC Cuts Stock Holdings in Union Pacific Co. (NYSE:UNP)

McElhenny Sheffield Capital Management LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP – Get Rating) by 16.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,851 shares of the railroad operator’s stock after selling 766 shares during the period. McElhenny Sheffield Capital Management LLC’s holdings in Union Pacific were worth $797,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of UNP. Nordea Investment Management AB lifted its holdings in Union Pacific by 8.7% during the third quarter. Nordea Investment Management AB now owns 50,653 shares of the railroad operator’s stock worth $10,083,000 after acquiring an additional 4,051 shares during the period. Kesler Norman & Wride LLC lifted its holdings in Union Pacific by 1.4% during the third quarter. Kesler Norman & Wride LLC now owns 29,591 shares of the railroad operator’s stock worth $5,765,000 after acquiring an additional 402 shares during the period. PFS Investments Inc. lifted its holdings in Union Pacific by 10.5% during the second quarter. PFS Investments Inc. now owns 30,842 shares of the railroad operator’s stock worth $6,578,000 after acquiring an additional 2,919 shares during the period. CoreFirst Bank & Trust lifted its holdings in Union Pacific by 48.2% during the second quarter. CoreFirst Bank & Trust now owns 2,739 shares of the railroad operator’s stock worth $584,000 after acquiring an additional 891 shares during the period. Finally, Everhart Financial Group Inc. bought a new stake in Union Pacific during the third quarter worth $257,000. Hedge funds and other institutional investors own 77.27% of the company’s stock.

Insider Transactions at Union Pacific

In other news, EVP Elizabeth F. Whited sold 2,500 shares of the company’s stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $213.00, for a total value of $532,500.00. Following the completion of the transaction, the executive vice president now directly owns 39,080 shares in the company, valued at approximately $8,324,040. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock traded down $2.90 during midday trading on Friday, hitting $190.01. 11,852,820 shares of the company’s stock were exchanged, compared to its average volume of 3,589,071. Union Pacific Co. has a 52-week low of $183.70 and a 52-week high of $278.94. The stock has a 50-day moving average price of $204.40 and a two-hundred day moving average price of $206.97. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.58 and a current ratio of 0.72. The company has a market cap of $116.26 billion, a P/E ratio of 16.93, a PEG ratio of 1.70 and a beta of 1.10.

Union Pacific (NYSE:UNP – Get Rating) last posted its earnings results on Tuesday, January 24th. The railroad operator reported $2.67 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.08). Union Pacific had a return on equity of 58.41% and a net margin of 28.13%. The business had revenue of $6.18 billion for the quarter, compared to analysts’ expectations of $6.26 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. Union Pacific’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, equities research analysts forecast that Union Pacific Co. will post 11.46 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Monday, February 27th. Union Pacific’s payout ratio is currently 46.35%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Raymond James lowered their target price on Union Pacific from $244.00 to $235.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 25th. TD Securities lowered their target price on Union Pacific from $230.00 to $225.00 and set a “hold” rating on the stock in a research note on Wednesday, January 25th. Deutsche Bank Aktiengesellschaft lowered their target price on Union Pacific from $215.00 to $207.00 in a research note on Wednesday. Credit Suisse Group lowered their target price on Union Pacific from $243.00 to $240.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 25th. Finally, Susquehanna boosted their target price on Union Pacific from $215.00 to $218.00 in a research note on Wednesday, January 25th. Thirteen investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Hold” and a consensus target price of $218.60.

Union Pacific Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.