Brevan Howard Capital Management LP Lowers Position in Union Pacific Co. (NYSE:UNP)

Brevan Howard Capital Management LP trimmed its stake in shares of Union Pacific Co. (NYSE:UNP) by 52.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,429 shares of the railroad operator’s stock after selling 17,337 shares during the period. Brevan Howard Capital Management LP’s holdings in Union Pacific were worth $3,518,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Allred Capital Management LLC boosted its stake in Union Pacific by 0.5% during the fourth quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator’s stock valued at $1,904,000 after buying an additional 40 shares during the last quarter. Palogic Value Management L.P. raised its holdings in shares of Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator’s stock worth $644,000 after acquiring an additional 42 shares in the last quarter. Roble Belko & Company Inc boosted its position in shares of Union Pacific by 26.8% during the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after acquiring an additional 45 shares during the last quarter. Pflug Koory LLC grew its holdings in shares of Union Pacific by 0.5% in the fourth quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock valued at $1,954,000 after purchasing an additional 45 shares in the last quarter. Finally, Baron Wealth Management LLC increased its position in Union Pacific by 3.3% in the fourth quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator’s stock worth $321,000 after purchasing an additional 45 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays lowered their price objective on shares of Union Pacific from $285.00 to $260.00 and set an “overweight” rating for the company in a research report on Friday, April 25th. Benchmark lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Robert W. Baird raised their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. TD Cowen lifted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Finally, Jefferies Financial Group cut their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $257.86.

Union Pacific Stock Down 0.8 %

NYSE UNP opened at $216.56 on Tuesday. The business has a fifty day moving average price of $228.04 and a 200 day moving average price of $234.41. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. The company has a market cap of $129.39 billion, a P/E ratio of 19.53, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.69 EPS. Research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s payout ratio is presently 48.29%.

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.