Union Pacific Corporation $UNP Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 21.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,220 shares of the railroad operator’s stock after selling 10,694 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Union Pacific were worth $9,034,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Caitlin John LLC acquired a new stake in shares of Union Pacific during the third quarter worth about $27,000. Howard Hughes Medical Institute acquired a new position in Union Pacific in the 2nd quarter valued at about $30,000. Financial Gravity Companies Inc. acquired a new position in Union Pacific in the 2nd quarter valued at about $31,000. Total Investment Management Inc. purchased a new stake in Union Pacific during the 2nd quarter valued at approximately $31,000. Finally, Sagard Holdings Management Inc. purchased a new stake in Union Pacific during the 2nd quarter valued at approximately $33,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

NYSE UNP opened at $242.15 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. The business’s 50 day moving average is $246.85 and its two-hundred day moving average is $234.17. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $268.14. The stock has a market capitalization of $143.69 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 2.64 and a beta of 0.95.

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

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. Union Pacific’s dividend payout ratio (DPR) is 46.12%.

Analyst Ratings Changes

UNP has been the topic of several analyst reports. Robert W. Baird set a $311.00 target price on Union Pacific and gave the company an “outperform” rating in a research note on Friday, March 6th. Barclays restated an “overweight” rating and set a $285.00 price target (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. Weiss Ratings raised Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $267.00 price objective on shares of Union Pacific in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $263.77.

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.