Northstar Financial Companies Inc. Sells 246 Shares of Union Pacific Corporation $UNP

Northstar Financial Companies Inc. cut its stake in shares of Union Pacific Corporation (NYSE:UNP) by 13.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,535 shares of the railroad operator’s stock after selling 246 shares during the quarter. Northstar Financial Companies Inc.’s holdings in Union Pacific were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. CBIZ Investment Advisory Services LLC boosted its stake in shares of Union Pacific by 1,400.0% during the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Companies Inc. purchased a new position in shares of Union Pacific during the second quarter valued at approximately $31,000. Access Investment Management LLC purchased a new position in shares of Union Pacific during the second quarter valued at approximately $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific during the first quarter valued at approximately $33,000. Finally, GFG Capital LLC bought a new position in shares of Union Pacific during the second quarter valued at approximately $38,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UNP has been the topic of several recent analyst reports. Barclays cut shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 30th. Cowen reaffirmed a “buy” rating on shares of Union Pacific in a research report on Friday, October 24th. BMO Capital Markets reduced their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Wells Fargo & Company increased their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Finally, Evercore ISI cut their price objective on Union Pacific from $244.00 to $238.00 and set an “in-line” rating on the stock in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $261.63.

Union Pacific Stock Up 0.1%

Shares of Union Pacific stock opened at $221.34 on Friday. The company has a 50-day simple moving average of $224.59 and a two-hundred day simple moving average of $224.74. The stock has a market capitalization of $131.29 billion, a PE ratio of 18.81, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84. 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 announced its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, beating 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 company had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter last year, the firm earned $2.75 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, analysts anticipate that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be paid a $1.38 dividend. The ex-dividend date is Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. Union Pacific’s payout ratio is currently 46.90%.

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.