Corundum Group Inc. Sells 90 Shares of Union Pacific Co. (NYSE:UNP)

Corundum Group Inc. lessened its stake in shares of Union Pacific Co. (NYSE:UNP) by 7.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,062 shares of the railroad operator’s stock after selling 90 shares during the quarter. Corundum Group Inc.’s holdings in Union Pacific were worth $242,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific during the second quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter worth about $30,000. Fairscale Capital LLC bought a new position in Union Pacific during the 2nd quarter valued at about $31,000. Jamison Private Wealth Management Inc. boosted its position in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific during the third quarter worth about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 0.4 %

NYSE:UNP opened at $233.99 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. The business’s 50-day moving average price is $233.83 and its two-hundred day moving average price is $238.95.

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 analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.51 earnings per share. On average, equities analysts expect that Union Pacific Co. will post 10.95 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on UNP shares. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Raymond James upped their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 10th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $259.35.

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.