Yousif Capital Management LLC Sells 8,355 Shares of Union Pacific Corporation $UNP

Yousif Capital Management LLC decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 9.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,171 shares of the railroad operator’s stock after selling 8,355 shares during the quarter. Yousif Capital Management LLC’s holdings in Union Pacific were worth $18,005,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Pines Wealth Management LLC raised its stake in shares of Union Pacific by 1.7% in the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator’s stock worth $595,000 after purchasing an additional 43 shares during the last quarter. Titleist Asset Management LLC increased its holdings in Union Pacific by 1.1% in the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator’s stock worth $946,000 after buying an additional 44 shares in the last quarter. Five Oceans Advisors raised its position in Union Pacific by 3.9% in the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator’s stock worth $272,000 after buying an additional 44 shares during the last quarter. St. Johns Investment Management Company LLC raised its position in Union Pacific by 1.6% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator’s stock worth $693,000 after buying an additional 46 shares during the last quarter. Finally, Schubert & Co lifted its stake in Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator’s stock valued at $578,000 after acquiring an additional 47 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.2%

Shares of UNP stock opened at $234.66 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 1.75. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The stock has a market cap of $139.19 billion, a P/E ratio of 19.94, a P/E/G ratio of 2.72 and a beta of 0.99. The company has a 50 day simple moving average of $227.02 and a two-hundred day simple moving average of $226.45.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share 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 business had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter last year, the company posted $2.75 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. On average, research analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Friday, December 5th will be issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, December 5th. Union Pacific’s payout ratio is currently 46.90%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Cowen reiterated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. BMO Capital Markets dropped their target price on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $245.00 target price on shares of Union Pacific in a research note on Thursday, December 11th. Finally, Loop Capital upgraded Union Pacific from a “sell” rating to a “hold” rating and raised their price target for the stock from $214.00 to $227.00 in a research note on Tuesday, September 16th. One 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 company. According to MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $260.33.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two?thirds of the United States.