Union Pacific Co. (NYSE:UNP) Shares Sold by Janney Capital Management LLC

Janney Capital Management LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,352 shares of the railroad operator’s stock after selling 233 shares during the quarter. Janney Capital Management LLC’s holdings in Union Pacific were worth $764,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC raised its holdings in Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Impax Asset Management Group plc grew its position in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after purchasing an additional 464,477 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Union Pacific by 35.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator’s stock worth $279,600,000 after buying an additional 323,525 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.4 %

Shares of NYSE UNP opened at $235.77 on Thursday. The stock has a market cap of $142.94 billion, a P/E ratio of 21.65, a PEG ratio of 2.13 and a beta of 1.06. The business’s fifty day simple moving average is $233.63 and its 200-day simple moving average is $239.18. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio is currently 49.22%.

Wall Street Analyst Weigh In

Several analysts have issued reports on UNP shares. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Royal Bank of Canada dropped their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Barclays lifted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Finally, Wells Fargo & Company cut their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.35.

About Union Pacific

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.