Horrell Capital Management Inc. Has $17.16 Million Stock Position in Union Pacific Corporation $UNP

Horrell Capital Management Inc. trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 8.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,575 shares of the railroad operator’s stock after selling 6,466 shares during the period. Union Pacific makes up approximately 7.1% of Horrell Capital Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Horrell Capital Management Inc.’s holdings in Union Pacific were worth $17,155,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Howard Capital Management Group LLC increased its position in shares of Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after purchasing an additional 45 shares during the period. St. Johns Investment Management Company LLC boosted its stake in Union Pacific by 1.6% during the second quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock valued at $693,000 after buying an additional 46 shares in the last quarter. Hanson & Doremus Investment Management boosted its stake in Union Pacific by 2.5% during the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after buying an additional 46 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in Union Pacific by 4.5% during the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after acquiring an additional 46 shares during the period. Finally, Fiduciary Family Office LLC raised its position in Union Pacific by 1.1% in the second quarter. Fiduciary Family Office LLC now owns 4,452 shares of the railroad operator’s stock worth $1,024,000 after acquiring an additional 47 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of research reports. Susquehanna reiterated a “buy” rating on shares of Union Pacific in a report on Monday, January 19th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a report on Thursday, December 18th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. TD Cowen decreased their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. reduced their target price on Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $258.32.

Union Pacific Trading Up 0.8%

Shares of NYSE UNP opened at $262.64 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. Union Pacific Corporation has a one year low of $204.66 and a one year high of $265.37. The business has a 50-day moving average price of $237.56 and a two-hundred day moving average price of $229.22. The firm has a market capitalization of $155.85 billion, a PE ratio of 21.94, a PEG ratio of 2.84 and a beta of 0.98.

Union Pacific (NYSE:UNP) last released its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.91 EPS. As a group, analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.1%. Union Pacific’s dividend payout ratio is currently 46.12%.

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.