Yousif Capital Management LLC Sells 1,803 Shares of Union Pacific Co. (NYSE:UNP)

Yousif Capital Management LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 85,311 shares of the railroad operator’s stock after selling 1,803 shares during the period. Yousif Capital Management LLC’s holdings in Union Pacific were worth $20,154,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in Union Pacific by 12.6% in 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 during the period. Capital Research Global Investors boosted its holdings in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Norges Bank bought a new position in Union Pacific in the 4th quarter valued at $1,927,377,000. Franklin Resources Inc. boosted its holdings in Union Pacific by 5.0% in the 4th quarter. Franklin Resources Inc. now owns 7,686,387 shares of the railroad operator’s stock valued at $1,752,804,000 after purchasing an additional 363,937 shares during the period. Finally, Northern Trust Corp boosted its holdings in Union Pacific by 15.2% in the 4th quarter. Northern Trust Corp now owns 6,962,650 shares of the railroad operator’s stock valued at $1,587,763,000 after purchasing an additional 920,414 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a “buy” rating and a $295.00 price target for the company. Bank of America raised their price target on shares of Union Pacific from $256.00 to $262.00 and gave the company a “buy” rating in a report on Friday, May 16th. Susquehanna lowered their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, April 25th. Raymond James restated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Finally, Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective on the stock in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $224.05 on Tuesday. The stock has a market cap of $133.87 billion, a PE ratio of 20.20, a PEG ratio of 2.15 and a beta of 1.05. The company’s fifty day moving average is $219.97 and its 200 day moving average is $232.04. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07. 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 issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts’ consensus estimates 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%. Union Pacific’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.69 EPS. Research analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

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.