Union Pacific Co. (NYSE:UNP) Shares Sold by Mcdonald Partners LLC

Mcdonald Partners LLC lowered its position in Union Pacific Co. (NYSE:UNP) by 2.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,802 shares of the railroad operator’s stock after selling 75 shares during the quarter. Mcdonald Partners LLC’s holdings in Union Pacific were worth $689,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $25,000. Raleigh Capital Management Inc. raised its stake 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 in the last quarter. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $28,000. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $29,000. Finally, Transcendent Capital Group LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of recent research reports. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Wells Fargo & Company initiated coverage on shares of Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 price objective for the company. JPMorgan Chase & Co. boosted their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Morgan Stanley boosted their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Finally, Jefferies Financial Group initiated coverage on shares of Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $258.92.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $0.51 on Wednesday, hitting $223.55. The company had a trading volume of 1,921,429 shares, compared to its average volume of 2,307,720. The business has a 50-day simple moving average of $233.66 and a 200-day simple moving average of $240.52. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The company has a market cap of $136.39 billion, a PE ratio of 21.33, a PEG ratio of 1.82 and a beta of 1.05. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s revenue was down .4% on a year-over-year basis. During the same period last year, the firm posted $2.67 earnings per share. Research analysts expect that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

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.