Union Pacific Co. (NYSE:UNP) Shares Sold by Full Sail Capital LLC

Full Sail Capital LLC reduced its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 3.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,058 shares of the railroad operator’s stock after selling 78 shares during the period. Full Sail Capital LLC’s holdings in Union Pacific were worth $466,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in UNP. BNP Paribas acquired a new position in shares of Union Pacific in the first quarter valued at approximately $1,088,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Union Pacific by 19.0% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock valued at $31,078,000 after purchasing an additional 20,173 shares during the period. Shellback Capital LP boosted its holdings in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. M&G Plc purchased a new stake in shares of Union Pacific in the first quarter valued at approximately $10,378,000. Finally, Kestra Advisory Services LLC boosted its holdings in shares of Union Pacific by 13.6% in the first quarter. Kestra Advisory Services LLC now owns 90,758 shares of the railroad operator’s stock valued at $22,320,000 after buying an additional 10,876 shares during the period. 80.38% of shares are owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of UNP stock opened at $244.22 on Friday. Union Pacific Co. it has a 52-week low of $199.33 and a 52-week high of $258.66. The firm has a market cap of $148.78 billion, a price-to-earnings ratio of 23.30, a PEG ratio of 2.26 and a beta of 1.05. The company has a current ratio of 1.05, a quick ratio of 0.86, and a debt-to-equity ratio of 1.89. The stock has a 50-day moving average of $245.80 and a 200-day moving average of $238.89.

Union Pacific (NYSE:UNP – Get Your Free Report ) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. In the same quarter last year, the firm posted EPS of $2.57. The company’s revenue for the quarter was up 0.7% compared to the same quarter last year. As a group, analysts estimate that Union Pacific Co. it will post 11.11 EPS for the current year.

Union Pacific has increased its dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a dividend of $1.34 per share. The ex-dividend date is Friday, August 30. This represents a dividend of $5.36 on an annualized basis and a yield of 2.19%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is currently 51.15%.

Insider activity at Union Pacific

In other Union Pacific news, Chairman Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the chairman now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.28% of the company’s stock.

Analysts set new price targets

Several brokerages have recently commented on UNP. Barclays dropped their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Susquehanna dropped their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, June 25th. Wells Fargo & Company started coverage on Union Pacific in a report on Friday, June 7th. They set an “overweight” rating and a $270.00 price target on the stock. Bank of America dropped their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $276.00 to $238.00 in a report from Monday, June 17. Seven equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.11.

Get the latest stock analysis on UNP

Union Pacific Profile

(Free Report)

Union Pacific Corporation, through its subsidiary Union Pacific Railroad Company, operates railroads in the United States. The Company provides transportation services for grain and grain products, fertilizer, food and refrigerated products, as well as 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, specialty products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, auto parts, and intermodal containerized cargo.

Featured stories

Get news and reviews for the Union Pacific Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Union Pacific and related companies with MarketBeat.com’s FREE daily email newsletter.