Constitution Capital LLC Sells 180 Shares of Union Pacific Co. (NYSE:UNP)

Constitution Capital LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 0.8% in the second quarter, Holdings Channel.com reports. The firm owned 22,394 shares of the railroad operator’s stock after selling 180 shares during the period. Union Pacific makes up approximately 2.6% of Constitution Capital LLC’s holdings, making the stock its 11th largest holding. Constitution Capital LLC’s holdings in Union Pacific were worth $4,582,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of UNP. Keel Point LLC lifted its holdings in shares of Union Pacific by 2.3% during the 2nd quarter. Keel Point LLC now owns 2,933 shares of the railroad operator’s stock worth $600,000 after acquiring an additional 67 shares during the period. Sage Capital Advisors llc lifted its holdings in shares of Union Pacific by 29.4% during the 2nd quarter. Sage Capital Advisors llc now owns 11,481 shares of the railroad operator’s stock worth $2,349,000 after acquiring an additional 2,606 shares during the period. Threadgill Financial LLC lifted its holdings in shares of Union Pacific by 44.4% during the 2nd quarter. Threadgill Financial LLC now owns 32,485 shares of the railroad operator’s stock worth $6,493,000 after acquiring an additional 9,996 shares during the period. Matthew Goff Investment Advisor LLC lifted its holdings in shares of Union Pacific by 4.5% during the 2nd quarter. Matthew Goff Investment Advisor LLC now owns 27,459 shares of the railroad operator’s stock worth $5,619,000 after acquiring an additional 1,173 shares during the period. Finally, Sciencast Management LP bought a new position in shares of Union Pacific during the 2nd quarter worth about $316,000. 77.36% of the stock is owned by institutional investors.

Union Pacific Stock Down 1.2 %

Shares of Union Pacific stock traded down $2.61 on Tuesday, hitting $210.54. The company had a trading volume of 280,009 shares, compared to its average volume of 2,934,860. Union Pacific Co. has a twelve month low of $183.69 and a twelve month high of $240.48. The stock has a 50-day moving average of $220.88 and a 200-day moving average of $206.44. The firm has a market capitalization of $128.32 billion, a P/E ratio of 19.44, a P/E/G ratio of 2.03 and a beta of 1.11. The company has a debt-to-equity ratio of 2.39, a current ratio of 0.71 and a quick ratio of 0.57.

Union Pacific (NYSE:UNP) last announced its earnings results on Wednesday, July 26th. The railroad operator reported $2.57 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.18). Union Pacific had a return on equity of 55.03% and a net margin of 27.18%. The business had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.09 billion. During the same quarter in the previous year, the company posted $2.93 EPS. The business’s revenue for the quarter was down 4.9% compared to the same quarter last year. Research analysts predict that Union Pacific Co. will post 10.5 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Wednesday, August 30th. Union Pacific’s payout ratio is 47.45%.

Insider Buying and Selling

In other Union Pacific news, EVP Kenyatta G. Rocker sold 8,700 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the sale, the executive vice president now directly owns 42,061 shares of the company’s stock, valued at $9,355,628.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Jennifer L. Hamann sold 1,000 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.83, for a total value of $222,830.00. Following the transaction, the chief financial officer now directly owns 99,378 shares of the company’s stock, valued at $22,144,399.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kenyatta G. Rocker sold 8,700 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now directly owns 42,061 shares in the company, valued at $9,355,628.23. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UNP shares. Susquehanna raised their price objective on shares of Union Pacific from $230.00 to $240.00 in a report on Thursday, July 27th. Wells Fargo & Company increased their target price on shares of Union Pacific from $200.00 to $245.00 in a research report on Thursday, July 27th. Stephens increased their target price on shares of Union Pacific from $232.00 to $257.00 and gave the stock an “overweight” rating in a research report on Thursday, July 27th. Benchmark increased their target price on shares of Union Pacific from $230.00 to $264.00 in a research report on Thursday, July 27th. Finally, Raymond James increased their target price on shares of Union Pacific from $230.00 to $270.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 27th. Twelve research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.97.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.