Choreo LLC Has $8.47 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Choreo LLC grew its position in Union Pacific Co. (NYSE:UNP) by 73.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,667 shares of the railroad operator’s stock after buying an additional 15,932 shares during the period. Choreo LLC’s holdings in Union Pacific were worth $8,473,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. OLD Point Trust & Financial Services N A acquired a new position in Union Pacific in the fourth quarter valued at about $25,000. Richardson Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at approximately $26,000. Raleigh Capital Management Inc. grew its position in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares during the period. Cultivar Capital Inc. bought a new stake in Union Pacific during the 2nd quarter worth approximately $27,000. Finally, Scarborough Advisors LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $29,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.8 %

Shares of Union Pacific stock opened at $249.63 on Monday. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66. The company has a market capitalization of $152.07 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 2.21 and a beta of 1.05. The business has a fifty day simple moving average of $240.55 and a two-hundred day simple moving average of $239.24. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. Union Pacific’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.57 EPS. Research analysts forecast that Union Pacific Co. will post 11.11 EPS for the current year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. The ex-dividend date is Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a yield of 2.15%. Union Pacific’s payout ratio is 51.15%.

Insider Buying and Selling at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the firm’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 transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on UNP shares. TD Cowen dropped their price objective on shares of Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Royal Bank of Canada reduced their price objective on Union Pacific from $281.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, July 26th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and dropped their target price for the company from $276.00 to $238.00 in a research report on Monday, June 17th. Finally, Stifel Nicolaus reduced their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Eight investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $258.79.

Union Pacific 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.