Quilter Plc Decreases Stake in Union Pacific Corporation $UNP

Quilter Plc trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 159,984 shares of the railroad operator’s stock after selling 2,386 shares during the quarter. Quilter Plc’s holdings in Union Pacific were worth $37,815,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Howard Hughes Medical Institute purchased a new stake in Union Pacific during the second quarter worth $30,000. Total Investment Management Inc. purchased a new position in shares of Union Pacific in the second quarter valued at approximately $31,000. Financial Gravity Companies Inc. purchased a new position in Union Pacific in the 2nd quarter valued at $31,000. Access Investment Management LLC acquired a new stake in shares of Union Pacific in the second quarter valued at about $32,000. Finally, Sagard Holdings Management Inc. acquired a new position in Union Pacific during the second quarter worth about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.7%

Shares of Union Pacific stock opened at $229.67 on Friday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The company has a market capitalization of $136.23 billion, a P/E ratio of 19.51, a PEG ratio of 2.65 and a beta of 0.99. The company’s fifty day moving average is $231.23 and its two-hundred day moving average is $226.87.

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

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th were issued a $1.38 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s dividend payout ratio is 46.90%.

Analysts Set New Price Targets

UNP has been the topic of several recent research reports. Royal Bank Of Canada set a $280.00 target price on Union Pacific in a report on Thursday, December 18th. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Citigroup set a $264.00 target price on Union Pacific and gave the stock a “buy” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday. Finally, TD Cowen reissued a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $258.18.

About Union Pacific

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.