Great Lakes Advisors LLC Sells 24,772 Shares of Union Pacific Co. (NYSE:UNP)

Great Lakes Advisors LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 45.3% during the first quarter, HoldingsChannel reports. The fund owned 29,923 shares of the railroad operator’s stock after selling 24,772 shares during the quarter. Great Lakes Advisors LLC’s holdings in Union Pacific were worth $8,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Rational Advisors LLC raised its holdings in Union Pacific by 127.7% during the 4th quarter. Rational Advisors LLC now owns 107 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 60 shares during the period. Delos Wealth Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at $30,000. Cyrus J. Lawrence LLC bought a new stake in Union Pacific during the 1st quarter valued at $34,000. Retirement Planning Co of New England Inc. bought a new stake in Union Pacific during the 4th quarter valued at $38,000. Finally, Dixon Hughes Goodman Wealth Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at $39,000. Institutional investors own 80.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Union Pacific from $260.00 to $232.00 in a report on Friday, July 22nd. JPMorgan Chase & Co. lowered shares of Union Pacific from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $272.00 to $232.00 in a research report on Tuesday, July 12th. Citigroup lowered shares of Union Pacific from a “buy” rating to a “neutral” rating and reduced their price target for the company from $287.00 to $235.00 in a research report on Thursday, May 19th. Susquehanna lowered shares of Union Pacific from a “positive” rating to a “neutral” rating and set a $235.00 price target for the company. in a research report on Wednesday, July 6th. They noted that the move was a valuation call. Finally, Evercore ISI reduced their price target on shares of Union Pacific from $245.00 to $236.00 and set an “in-line” rating for the company in a research report on Tuesday, July 12th. Twelve analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $248.36.

Union Pacific Stock Up 0.6 %

UNP opened at $228.62 on Friday. The company has a market capitalization of $142.77 billion, a PE ratio of 21.31, a PEG ratio of 1.95 and a beta of 1.15. Union Pacific Co. has a 1-year low of $195.68 and a 1-year high of $278.94. The firm’s 50 day simple moving average is $215.49 and its two-hundred day simple moving average is $234.90. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 2.33.

Union Pacific (NYSE:UNPGet Rating) last announced its quarterly earnings data on Thursday, July 21st. The railroad operator reported $2.93 EPS for the quarter, meeting the consensus estimate of $2.93. The firm had revenue of $6.27 billion for the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 29.23% and a return on equity of 52.00%. The company’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm earned $2.72 EPS. As a group, equities analysts forecast that Union Pacific Co. will post 11.58 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, August 31st will be given a dividend of $1.30 per share. The ex-dividend date is Tuesday, August 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.27%. Union Pacific’s payout ratio is 48.46%.

Union Pacific Company Profile

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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