Union Pacific Co. (NYSE:UNP) Shares Sold by Park Place Capital Corp

Park Place Capital Corp reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.4% during the 4th quarter, HoldingsChannel reports. The firm owned 1,445 shares of the railroad operator’s stock after selling 66 shares during the quarter. Park Place Capital Corp’s holdings in Union Pacific were worth $330,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the second quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% during the 3rd 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 during the period. Dunhill Financial LLC lifted its holdings in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in Union Pacific in the third quarter worth approximately $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $235.77 on Thursday. The business has a 50-day simple moving average of $233.63 and a 200-day simple moving average of $239.18. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a market cap of $142.94 billion, a PE ratio of 21.65, a P/E/G ratio of 2.13 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the firm earned $2.51 EPS. The company’s revenue was up 2.5% on a year-over-year basis. On average, equities research analysts forecast that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s payout ratio is currently 49.22%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent analyst reports. TD Cowen decreased their price target 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. Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Robert W. Baird dropped their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Finally, Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific currently has an average 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.