Union Pacific Co. (NYSE:UNP) Shares Sold by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC lowered its stake in Union Pacific Co. (NYSE:UNP) by 3.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 2,539 shares of the railroad operator’s stock after selling 100 shares during the quarter. High Net Worth Advisory Group LLC’s holdings in Union Pacific were worth $626,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of UNP. Raleigh Capital Management Inc. lifted its position in Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after buying an additional 74 shares during the last quarter. Centaurus Financial Inc. lifted its position in shares of Union Pacific by 3.5% during the fourth quarter. Centaurus Financial Inc. now owns 4,859 shares of the railroad operator’s stock worth $1,193,000 after purchasing an additional 164 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $29,000. Transcendent Capital Group LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $34,000. Finally, Creekmur Asset Management LLC acquired a new stake in shares of Union Pacific during the fourth quarter worth about $68,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $242.31 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $147.62 billion, a P/E ratio of 22.75, a P/E/G ratio of 2.21 and a beta of 1.05. The firm’s 50 day moving average is $245.67 and its two-hundred day moving average is $238.55. Union Pacific Co. has a 52 week low of $199.97 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 26.90% and a return on equity of 42.62%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm posted $2.57 earnings per share. Research analysts forecast that Union Pacific Co. will post 11.06 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were given a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific’s dividend payout ratio (DPR) is 50.33%.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on UNP shares. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Barclays reduced their price target on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Monday, July 29th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Royal Bank of Canada raised their target price on shares of Union Pacific from $275.00 to $288.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $259.50.

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.