Quantum Financial Advisors LLC Sells 70 Shares of Union Pacific Co. (NYSE:UNP)

Quantum Financial Advisors LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,277 shares of the railroad operator’s stock after selling 70 shares during the period. Quantum Financial Advisors LLC’s holdings in Union Pacific were worth $291,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Federated Hermes Inc. boosted its stake in Union Pacific by 3,524.7% in the 2nd quarter. Federated Hermes Inc. now owns 112,292 shares of the railroad operator’s stock worth $25,407,000 after purchasing an additional 109,194 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in shares of Union Pacific by 12.1% in the second quarter. Thoroughbred Financial Services LLC now owns 5,178 shares of the railroad operator’s stock worth $1,171,000 after buying an additional 557 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Union Pacific by 0.5% during the second quarter. Brown Brothers Harriman & Co. now owns 223,301 shares of the railroad operator’s stock valued at $50,524,000 after buying an additional 1,162 shares during the last quarter. Capital Wealth Planning LLC increased its position in shares of Union Pacific by 360.3% during the second quarter. Capital Wealth Planning LLC now owns 24,709 shares of the railroad operator’s stock valued at $5,591,000 after acquiring an additional 19,341 shares in the last quarter. Finally, One Capital Management LLC purchased a new position in Union Pacific in the 2nd quarter worth approximately $208,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the company. Raymond James lifted their target price on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Royal Bank of Canada reduced their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Performance

Shares of UNP opened at $226.60 on Tuesday. The business has a 50-day simple moving average of $234.58 and a two-hundred day simple moving average of $238.85. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The stock has a market cap of $137.38 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results 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 return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. On average, analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

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.