Westfield Capital Management Co. LP Sells 7,492 Shares of Union Pacific Co. (NYSE:UNP)

Westfield Capital Management Co. LP lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 408,634 shares of the railroad operator’s stock after selling 7,492 shares during the period. Westfield Capital Management Co. LP’s holdings in Union Pacific were worth $100,369,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Valued Wealth Advisors LLC purchased a new position in Union Pacific in the 4th quarter worth approximately $28,000. Stuart Chaussee & Associates Inc. purchased a new stake in shares of Union Pacific in the 4th quarter valued at $36,000. Fortitude Family Office LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at $44,000. USA Financial Formulas boosted its stake in shares of Union Pacific by 219.6% in the 4th quarter. USA Financial Formulas now owns 179 shares of the railroad operator’s stock valued at $44,000 after purchasing an additional 123 shares in the last quarter. Finally, Private Wealth Management Group LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at $46,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.3 %

Shares of Union Pacific stock traded down $0.66 during trading on Friday, hitting $232.05. The company’s stock had a trading volume of 2,305,534 shares, compared to its average volume of 1,876,527. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. The company has a fifty day simple moving average of $240.21 and a two-hundred day simple moving average of $239.71. The company has a market capitalization of $141.58 billion, a PE ratio of 22.14, a P/E/G ratio of 1.89 and a beta of 1.06. Union Pacific Co. has a 52 week low of $190.71 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the business earned $2.67 EPS. Equities research analysts predict that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a $1.30 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.24%. Union Pacific’s payout ratio is 49.62%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research reports. StockNews.com raised shares of Union Pacific from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Raymond James reaffirmed a “strong-buy” rating and issued a $280.00 price objective (up previously from $275.00) on shares of Union Pacific in a research note on Friday, April 26th. JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Stifel Nicolaus raised shares of Union Pacific from a “hold” rating to a “buy” rating and upped their price objective for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Finally, Evercore ISI increased their price target on shares of Union Pacific from $271.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Six research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.61.

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.