Thurston Springer Miller Herd & Titak Inc. Has $43,000 Holdings in Union Pacific Corporation $UNP

Thurston Springer Miller Herd & Titak Inc. decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 98.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 184 shares of the railroad operator’s stock after selling 12,052 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Union Pacific were worth $43,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. CBIZ Investment Advisory Services LLC grew its holdings in Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after acquiring an additional 112 shares during the period. Howard Hughes Medical Institute bought a new position in shares of Union Pacific in the 2nd quarter worth $30,000. Total Investment Management Inc. acquired a new stake in shares of Union Pacific during the second quarter worth $31,000. Financial Gravity Companies Inc. bought a new stake in Union Pacific in the second quarter valued at about $31,000. Finally, Access Investment Management LLC acquired a new position in Union Pacific in the second quarter valued at about $32,000. 80.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UNP has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on Union Pacific from $265.00 to $267.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Susquehanna reissued a “positive” rating and set a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. UBS Group set a $253.00 price objective on shares of Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Citigroup increased their target price on shares of Union Pacific from $263.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, The Goldman Sachs Group set a $263.00 price target on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $260.33.

Union Pacific Price Performance

UNP opened at $234.31 on Friday. The stock’s 50 day moving average price is $226.66 and its 200-day moving average price is $226.18. The stock has a market capitalization of $138.98 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 2.75 and a beta of 0.99. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The company had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. During the same period last year, the business earned $2.75 EPS. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts predict that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is 46.90%.

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.