Yousif Capital Management LLC Sells 8,355 Shares of Union Pacific Corporation $UNP

Yousif Capital Management LLC lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 9.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,171 shares of the railroad operator’s stock after selling 8,355 shares during the quarter. Yousif Capital Management LLC’s holdings in Union Pacific were worth $18,005,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UNP. Envestnet Portfolio Solutions Inc. increased its stake in shares of Union Pacific by 10.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after buying an additional 8,925 shares during the period. Commerzbank Aktiengesellschaft FI lifted its position in shares of Union Pacific by 26.4% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock worth $5,494,000 after purchasing an additional 4,980 shares during the period. Union Bancaire Privee UBP SA boosted its stake in shares of Union Pacific by 9.8% during the third quarter. Union Bancaire Privee UBP SA now owns 52,849 shares of the railroad operator’s stock valued at $12,492,000 after purchasing an additional 4,707 shares in the last quarter. SCS Capital Management LLC increased its holdings in Union Pacific by 165.2% during the second quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock valued at $8,009,000 after buying an additional 21,685 shares during the period. Finally, Voya Investment Management LLC increased its holdings in Union Pacific by 0.8% during the third quarter. Voya Investment Management LLC now owns 1,549,118 shares of the railroad operator’s stock valued at $366,165,000 after buying an additional 12,251 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.2%

Shares of UNP stock opened at $234.66 on Tuesday. The stock’s fifty day moving average price is $227.02 and its 200 day moving average price is $226.45. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The company has a market cap of $139.19 billion, a price-to-earnings ratio of 19.94, a price-to-earnings-growth ratio of 2.72 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter last year, the company earned $2.75 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. On average, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be paid a $1.38 dividend. The ex-dividend date is Friday, December 5th. This represents a $5.52 dividend on an annualized basis and a yield of 2.4%. Union Pacific’s dividend payout ratio (DPR) is 46.90%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on UNP. Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and upped their target price for the stock from $214.00 to $227.00 in a report on Tuesday, September 16th. Barclays restated an “overweight” rating and set a $285.00 price objective (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. BMO Capital Markets dropped their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Royal Bank Of Canada set a $280.00 target price on shares of Union Pacific in a report on Thursday. Finally, The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $260.33.

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.