Union Pacific Co. (NYSE:UNP) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,362 shares of the railroad operator’s stock after selling 1,269 shares during the period. Quantbot Technologies LP’s holdings in Union Pacific were worth $3,702,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. Richardson Capital Management LLC acquired a new stake in shares of Union Pacific in the 1st quarter worth approximately $26,000. Raleigh Capital Management Inc. grew its holdings 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 worth $27,000 after acquiring an additional 74 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter worth approximately $29,000. Finally, Cultivar Capital Inc. acquired a new stake in shares of Union Pacific in the 2nd quarter worth approximately $27,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 1.4 %

Shares of Union Pacific stock opened at $252.51 on Tuesday. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The firm has a market cap of $154.06 billion, a PE ratio of 24.09, a P/E/G ratio of 2.20 and a beta of 1.05. The business’s fifty day moving average is $243.58 and its two-hundred day moving average is $239.08. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the company posted $2.57 EPS. Analysts anticipate that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a $1.34 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on UNP. Sanford C. Bernstein lowered their price target on Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Stifel Nicolaus lowered their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Union Pacific in a research note on Thursday, September 12th. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Monday, July 29th. Finally, Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and reduced their target price for the company from $276.00 to $238.00 in a research note on Monday, June 17th. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $258.79.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.28% of the company’s stock.

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.