Union Pacific Co. (NYSE:UNP) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 19.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,800 shares of the railroad operator’s stock after selling 4,971 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Union Pacific were worth $4,706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Research Global Investors lifted its stake in shares of Union Pacific by 7.6% during the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after buying an additional 518,985 shares during the period. Fisher Asset Management LLC increased its position in Union Pacific by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 5,856,266 shares of the railroad operator’s stock worth $1,438,417,000 after purchasing an additional 113,946 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Union Pacific by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock worth $1,351,937,000 after buying an additional 364,029 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of Union Pacific by 5.7% in the 1st quarter. Clearbridge Investments LLC now owns 4,396,974 shares of the railroad operator’s stock worth $1,081,348,000 after buying an additional 237,083 shares during the period. Finally, Capital World Investors boosted its holdings in Union Pacific by 35.3% in the first quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock valued at $1,012,857,000 after acquiring an additional 1,073,625 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Up 0.1 %

UNP stock opened at $249.12 on Monday. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.89. The firm has a 50 day simple moving average of $243.00 and a 200-day simple moving average of $239.08. The company has a market capitalization of $151.76 billion, a P/E ratio of 23.77, a PEG ratio of 2.20 and a beta of 1.05. Union Pacific Co. has a twelve month low of $199.33 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the business earned $2.57 EPS. On average, equities research analysts predict that Union Pacific Co. will post 11.11 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be issued 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 yield of 2.15%. The ex-dividend date is Friday, August 30th. Union Pacific’s payout ratio is currently 51.15%.

Insider Buying and Selling at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. TD Cowen cut their price objective on Union Pacific from $259.00 to $255.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Sanford C. Bernstein cut their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a research note on Monday, July 8th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Monday, July 29th. Eight research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $258.79.

About Union Pacific

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.