Soltis Investment Advisors LLC Has $244,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

Soltis Investment Advisors LLC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 27.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 992 shares of the railroad operator’s stock after selling 375 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Union Pacific were worth $244,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Fairhaven Wealth Management LLC increased its holdings in Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after purchasing an additional 43 shares during the period. Chesapeake Wealth Management raised its position in shares of Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after acquiring an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its stake in shares of Union Pacific by 0.5% in the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock worth $1,897,000 after acquiring an additional 44 shares during the period. Traveka Wealth LLC boosted its holdings in Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after acquiring an additional 45 shares during the last quarter. Finally, Red Mountain Financial LLC increased its position in Union Pacific by 2.0% during the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after purchasing an additional 45 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.0 %

Union Pacific stock opened at $233.70 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm’s fifty day moving average price is $238.60 and its two-hundred day moving average price is $238.30. The firm has a market capitalization of $141.68 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.51 EPS. On average, equities research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a dividend of $1.34 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus dropped their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Bank of America dropped their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. TD Cowen dropped their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Raymond James raised their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given 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 $259.80.

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.