Norman Fields Gottscho Capital Management LLC Sells 434 Shares of Union Pacific Co. (NYSE:UNP)

Norman Fields Gottscho Capital Management LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 36,078 shares of the railroad operator’s stock after selling 434 shares during the period. Union Pacific accounts for about 2.9% of Norman Fields Gottscho Capital Management LLC’s portfolio, making the stock its 8th biggest position. Norman Fields Gottscho Capital Management LLC’s holdings in Union Pacific were worth $8,523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares in the last quarter. Capital Research Global Investors raised its position in Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares in the last quarter. Norges Bank acquired a new stake in Union Pacific in the 4th quarter valued at about $1,927,377,000. Franklin Resources Inc. increased its position in Union Pacific by 5.0% during the fourth quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock worth $1,752,804,000 after buying an additional 363,937 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Union Pacific by 15.2% in the fourth quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock valued at $1,587,763,000 after buying an additional 920,414 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.9%

Shares of NYSE:UNP opened at $222.36 on Thursday. The business has a fifty day simple moving average of $222.28 and a 200 day simple moving average of $232.99. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market cap of $132.85 billion, a P/E ratio of 20.05, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last announced its 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 the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.69 earnings per share. Analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UNP. Jefferies Financial Group dropped their price target 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. Wells Fargo & Company cut their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and decreased their price target for the company from $260.00 to $244.00 in a research note on Tuesday, April 8th. Bank of America raised their price objective on shares of Union Pacific from $256.00 to $262.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, Redburn Atlantic raised Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $257.50.

Union Pacific 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.