Oliver Luxxe Assets LLC Reduces Holdings in Union Pacific Co. (NYSE:UNP)

Oliver Luxxe Assets LLC reduced its stake in Union Pacific Co. (NYSE:UNP) by 1.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,372 shares of the railroad operator’s stock after selling 120 shares during the quarter. Oliver Luxxe Assets LLC’s holdings in Union Pacific were worth $1,909,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific during the second quarter worth $28,000. Financial Gravity Asset Management Inc. raised its stake in Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific during the 3rd quarter worth about $30,000. Fairscale Capital LLC purchased a new stake in Union Pacific during the 2nd quarter valued at about $31,000. Finally, Jamison Private Wealth Management Inc. increased its holdings in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on UNP. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. BMO Capital Markets decreased their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Price Performance

UNP traded down $2.42 during midday trading on Monday, hitting $229.08. 1,163,240 shares of the company traded hands, compared to its average volume of 2,087,258. The company has a market capitalization of $138.88 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 2.33 and a beta of 1.05. The business has a 50 day simple moving average of $234.90 and a two-hundred day simple moving average of $238.67. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the firm posted $2.51 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.