Union Pacific Co. (NYSE:UNP) Shares Sold by Addenda Capital Inc.

Addenda Capital Inc. decreased its position in Union Pacific Co. (NYSE:UNP) by 0.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,148 shares of the railroad operator’s stock after selling 192 shares during the quarter. Addenda Capital Inc.’s holdings in Union Pacific were worth $6,177,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new stake in Union Pacific in the 4th quarter valued at about $20,683,000. R Squared Ltd purchased a new stake in shares of Union Pacific during the 4th quarter worth about $43,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the 4th quarter worth approximately $29,000. Mediolanum International Funds Ltd boosted its holdings in Union Pacific by 19.3% in the 4th quarter. Mediolanum International Funds Ltd now owns 28,544 shares of the railroad operator’s stock worth $6,486,000 after acquiring an additional 4,624 shares during the period. Finally, Cibc World Market Inc. boosted its holdings in Union Pacific by 3.1% in the 4th quarter. Cibc World Market Inc. now owns 132,036 shares of the railroad operator’s stock worth $30,109,000 after acquiring an additional 3,942 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.5%

Shares of NYSE UNP opened at $221.44 on Friday. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a market cap of $132.31 billion, a price-to-earnings ratio of 19.97, 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. The business has a fifty day simple moving average of $221.74 and a 200-day simple moving average of $232.68.

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

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on UNP shares. Susquehanna cut their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price target on the stock. Redburn Atlantic upgraded Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research note on Wednesday, April 16th. Loop Capital downgraded Union Pacific from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Finally, Wells Fargo & Company decreased their price target on Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.