Union Pacific Co. (NYSE:UNP) Shares Sold by Bellwether Advisors LLC

Bellwether Advisors LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 4.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,143 shares of the railroad operator’s stock after selling 50 shares during the quarter. Bellwether Advisors LLC’s holdings in Union Pacific were worth $251,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Greenleaf Trust lifted its position in shares of Union Pacific by 3.9% in the second quarter. Greenleaf Trust now owns 11,613 shares of the railroad operator’s stock valued at $2,554,000 after acquiring an additional 438 shares in the last quarter. CWM Advisors LLC boosted its stake in Union Pacific by 5.9% during the second quarter. CWM Advisors LLC now owns 49,890 shares of the railroad operator’s stock worth $10,972,000 after buying an additional 2,779 shares during the period. Roof Eidam & Maycock ADV acquired a new stake in shares of Union Pacific during the second quarter valued at about $1,430,000. Cresset Asset Management LLC grew its stake in shares of Union Pacific by 21.3% in the second quarter. Cresset Asset Management LLC now owns 40,726 shares of the railroad operator’s stock worth $8,957,000 after acquiring an additional 7,153 shares in the last quarter. Finally, Moors & Cabot Inc. increased its holdings in Union Pacific by 2.6% during the 2nd quarter. Moors & Cabot Inc. now owns 24,922 shares of the railroad operator’s stock worth $5,481,000 after purchasing an additional 641 shares during the period. 77.07% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on UNP shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Union Pacific from $256.00 to $225.00 and set a “buy” rating for the company in a research report on Friday. Raymond James raised their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 23rd. Benchmark boosted their target price on shares of Union Pacific from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, July 23rd. Wells Fargo & Company raised their price target on Union Pacific from $226.00 to $231.00 and gave the company an “equal weight” rating in a research report on Friday, July 9th. Finally, Loop Capital reduced their price objective on Union Pacific from $270.00 to $252.00 and set a “buy” rating on the stock in a research report on Tuesday. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $243.17.

UNP traded down $1.35 during trading hours on Friday, reaching $202.09. 45,006 shares of the stock traded hands, compared to its average volume of 2,845,485. Union Pacific Co. has a fifty-two week low of $171.50 and a fifty-two week high of $231.26. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.86 and a quick ratio of 0.71. The company has a market cap of $131.79 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.07 and a beta of 1.13. The firm’s fifty day simple moving average is $218.30 and its two-hundred day simple moving average is $219.62.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 22nd. The railroad operator reported $2.72 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.55 by $0.17. The firm had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.39 billion. Union Pacific had a return on equity of 37.65% and a net margin of 28.60%. Union Pacific’s quarterly revenue was up 29.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 earnings per share. On average, research analysts predict that Union Pacific Co. will post 10.02 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 30th. Stockholders of record on Tuesday, August 31st will be paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Monday, August 30th. Union Pacific’s dividend payout ratio is presently 52.26%.

Union Pacific Company Profile

Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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