Union Pacific Corporation $UNP Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 30.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 608,501 shares of the railroad operator’s stock after selling 267,899 shares during the quarter. Victory Capital Management Inc. owned approximately 0.10% of Union Pacific worth $132,998,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of UNP. Acadian Asset Management LLC boosted its position in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in Union Pacific by 0.5% during the second quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after buying an additional 102 shares in the last quarter. Westside Investment Management Inc. raised its holdings in Union Pacific by 45.3% during the second quarter. Westside Investment Management Inc. now owns 385 shares of the railroad operator’s stock valued at $89,000 after buying an additional 120 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of Union Pacific by 1.4% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,232 shares of the railroad operator’s stock worth $974,000 after buying an additional 60 shares during the last quarter. Finally, SNS Financial Group LLC boosted its stake in shares of Union Pacific by 1.3% during the 2nd quarter. SNS Financial Group LLC now owns 9,157 shares of the railroad operator’s stock worth $2,107,000 after acquiring an additional 121 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $266.31 on Thursday. The firm has a market capitalization of $158.03 billion, a PE ratio of 22.25, a PEG ratio of 2.90 and a beta of 0.95. 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 1-year low of $204.66 and a 1-year high of $268.14. The business’s 50 day moving average is $243.98 and its 200-day moving average is $232.50.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.91 EPS. Sell-side analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. 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 (DPR) is currently 46.12%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of recent analyst reports. BMO Capital Markets reissued a “market perform” rating and issued a $295.00 price objective on shares of Union Pacific in a research note on Thursday, February 19th. Weiss Ratings upgraded shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a research report on Thursday, December 11th. Royal Bank Of Canada set a $280.00 price objective on Union Pacific in a research report on Thursday, December 18th. Finally, Barclays restated an “overweight” rating and set a $285.00 target price (up from $270.00) on shares of Union Pacific in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $260.14.

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.