180 Wealth Advisors LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 3.6% in the third quarter, HoldingsChannel reports. The firm owned 7,301 shares of the railroad operator’s stock after selling 271 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Union Pacific were worth $1,178,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of the business. CWM LLC grew its position in Union Pacific by 40.6% in the 3rd quarter. CWM LLC now owns 129,580 shares of the railroad operator’s stock worth $20,989,000 after purchasing an additional 37,397 shares in the last quarter. Horan Capital Advisors LLC. bought a new stake in Union Pacific in the 3rd quarter worth about $89,000. Private Vista LLC grew its position in Union Pacific by 3.1% in the 3rd quarter. Private Vista LLC now owns 4,228 shares of the railroad operator’s stock worth $687,000 after purchasing an additional 127 shares in the last quarter. EagleClaw Capital Managment LLC grew its position in Union Pacific by 43.9% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 2,375 shares of the railroad operator’s stock worth $383,000 after purchasing an additional 725 shares in the last quarter. Finally, Investors Research Corp grew its position in Union Pacific by 100.0% in the 3rd quarter. Investors Research Corp now owns 500 shares of the railroad operator’s stock worth $81,000 after purchasing an additional 250 shares in the last quarter. 77.81% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Union Pacific from a “sell” rating to a “hold” rating and set a $184.00 price objective for the company in a research report on Monday, July 22nd. ValuEngine downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Cowen reaffirmed a “buy” rating and issued a $172.00 price objective on shares of Union Pacific in a research report on Thursday, October 17th. BMO Capital Markets reduced their target price on shares of Union Pacific from $190.00 to $188.00 and set an “outperform” rating for the company in a research report on Friday, October 18th. Finally, Morgan Stanley reduced their target price on shares of Union Pacific from $138.00 to $136.00 and set an “underweight” rating for the company in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $179.50.
Union Pacific stock opened at $170.77 on Wednesday. Union Pacific Co. has a twelve month low of $128.08 and a twelve month high of $180.54. The firm has a 50 day moving average price of $162.75 and a 200-day moving average price of $168.74. The company has a market capitalization of $112.11 billion, a P/E ratio of 21.59, a P/E/G ratio of 1.88 and a beta of 1.07. The company has a quick ratio of 0.72, a current ratio of 0.89 and a debt-to-equity ratio of 1.35.
Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 17th. The railroad operator reported $2.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.07). The company had revenue of $5.52 billion for the quarter, compared to the consensus estimate of $5.65 billion. Union Pacific had a net margin of 27.28% and a return on equity of 32.65%. The firm’s revenue was down 7.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.15 earnings per share. Equities analysts expect that Union Pacific Co. will post 8.58 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were paid a dividend of $0.97 per share. This is a boost from Union Pacific’s previous quarterly dividend of $0.88. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Thursday, August 29th. Union Pacific’s dividend payout ratio is presently 49.05%.
In related news, EVP Robert M. Knight, Jr. sold 8,620 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $180.04, for a total transaction of $1,551,944.80. Following the sale, the executive vice president now directly owns 94,943 shares in the company, valued at approximately $17,093,537.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.96% of the company’s stock.
Union Pacific Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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