Union Pacific Corporation $UNP Holdings Lowered by Private Capital Advisors Inc.

Private Capital Advisors Inc. trimmed its stake in shares of Union Pacific Corporation (NYSE:UNP) by 9.0% in the 4th quarter, HoldingsChannel reports. The firm owned 54,340 shares of the railroad operator’s stock after selling 5,365 shares during the quarter. Union Pacific makes up about 1.3% of Private Capital Advisors Inc.’s portfolio, making the stock its 17th biggest position. Private Capital Advisors Inc.’s holdings in Union Pacific were worth $12,570,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of UNP. Acadian Asset Management LLC lifted its holdings in shares of 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. lifted its stake in Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after acquiring an additional 102 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in Union Pacific by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after acquiring an additional 58 shares in the last quarter. HUB Investment Partners LLC lifted its stake in Union Pacific by 10.0% in the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock worth $1,401,000 after acquiring an additional 554 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Union Pacific by 7.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock worth $351,660,000 after acquiring an additional 105,664 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of UNP stock opened at $265.65 on Friday. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $276.40. The stock’s 50-day moving average is $253.79 and its two-hundred day moving average is $243.82. The firm has a market cap of $157.72 billion, a P/E ratio of 21.88, a PEG ratio of 2.82 and a beta of 0.99.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.12 billion. During the same period in the prior year, the firm posted $2.70 EPS. The business’s revenue was up 3.2% compared to the same quarter last year. Analysts predict that Union Pacific Corporation will post 12.53 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. Union Pacific’s dividend payout ratio is presently 45.47%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on UNP shares. Robert W. Baird set a $311.00 price objective on Union Pacific and gave the stock an “outperform” rating in a research note on Friday, March 6th. Sanford C. Bernstein increased their price objective on Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Citigroup reissued a “buy” rating and issued a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. increased their price objective on Union Pacific from $267.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $280.47.

Insiders Place Their Bets

In other news, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the transaction, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the transaction, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. This represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,386 shares of company stock valued at $8,461,716 in the last three months. Insiders own 0.22% of the company’s stock.

Union Pacific Company 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.