Westfield Capital Management Co. LP Decreases Position in Union Pacific Corporation $UNP

Westfield Capital Management Co. LP reduced its stake in Union Pacific Corporation (NYSE:UNP) by 6.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 400,295 shares of the railroad operator’s stock after selling 26,370 shares during the period. Westfield Capital Management Co. LP owned approximately 0.07% of Union Pacific worth $92,100,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of UNP. CBIZ Investment Advisory Services LLC raised its holdings in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $31,000. Access Investment Management LLC acquired a new position in shares of Union Pacific during the second quarter worth $32,000. WPG Advisers LLC acquired a new stake in Union Pacific in the first quarter valued at $33,000. Finally, GFG Capital LLC purchased a new stake in Union Pacific during the 2nd quarter worth about $38,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Royal Bank Of Canada boosted their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. BMO Capital Markets cut their price target on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. UBS Group set a $253.00 price objective on Union Pacific and gave the company a “neutral” rating in a report on Friday, October 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Finally, Cowen reiterated a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Performance

Union Pacific stock opened at $221.32 on Thursday. The stock has a fifty day moving average of $224.49 and a two-hundred day moving average of $224.76. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The company has a market capitalization of $131.28 billion, a price-to-earnings ratio of 18.85, a PEG ratio of 2.27 and a beta of 1.04. 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 (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to analyst estimates of $6.24 billion. Union Pacific had a return on equity of 42.23% and a net margin of 28.73%.The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.75 earnings per share. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be given a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.5%. Union Pacific’s payout ratio 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.