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

Pallas Capital Advisors LLC lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 18.9% in the 4th quarter, Holdings Channel reports. The firm owned 1,662 shares of the railroad operator’s stock after selling 388 shares during the period. Pallas Capital Advisors LLC’s holdings in Union Pacific were worth $379,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. World Investment Advisors LLC raised its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares during the last quarter. Shellback Capital LP raised its stake in Union Pacific by 28.2% in the 2nd 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 last quarter. Peoples Bank KS purchased a new position in Union Pacific in the 3rd quarter valued at $834,000. Maj Invest Holding A S boosted its stake in Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares during the last quarter. Finally, Pensionfund Sabic grew its holdings in shares of Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after buying an additional 4,000 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Up 1.1 %

Shares of NYSE UNP opened at $229.25 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The business’s 50 day moving average is $234.49 and its two-hundred day moving average is $238.87. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a market cap of $138.98 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Research analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. Union Pacific’s dividend payout ratio is presently 49.22%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus decreased their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets lowered their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. Citigroup upped their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, Sanford C. Bernstein dropped their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Company Profile

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.