Fort Sheridan Advisors LLC Lowers Stock Holdings in Union Pacific Co. (NYSE:UNP)

Fort Sheridan Advisors LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNPGet Rating) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,438 shares of the railroad operator’s stock after selling 100 shares during the period. Fort Sheridan Advisors LLC’s holdings in Union Pacific were worth $362,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new stake in Union Pacific in the 4th quarter worth approximately $32,000. Moors & Cabot Inc. grew its position in shares of Union Pacific by 20.4% during the 3rd quarter. Moors & Cabot Inc. now owns 30,000 shares of the railroad operator’s stock valued at $33,000 after acquiring an additional 5,078 shares during the period. Ahrens Investment Partners LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $36,000. Retirement Planning Co of New England Inc. bought a new stake in shares of Union Pacific during the 4th quarter valued at $38,000. Finally, Dixon Hughes Goodman Wealth Advisors LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $39,000. Institutional investors own 80.26% of the company’s stock.

In other news, EVP Kenyatta G. Rocker sold 4,018 shares of the stock in a transaction that occurred on Thursday, April 21st. The shares were sold at an average price of $250.00, for a total transaction of $1,004,500.00. Following the transaction, the executive vice president now directly owns 41,177 shares in the company, valued at $10,294,250. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.28% of the stock is currently owned by company insiders.

UNP stock traded up $4.83 during mid-day trading on Friday, reaching $230.76. The company had a trading volume of 3,263,834 shares, compared to its average volume of 3,182,090. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.71 and a quick ratio of 0.58. The company has a market capitalization of $144.92 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 1.92 and a beta of 1.21. The firm has a 50 day moving average of $248.94 and a 200 day moving average of $246.51. Union Pacific Co. has a 12 month low of $195.68 and a 12 month high of $278.94.

Union Pacific (NYSE:UNPGet Rating) last issued its earnings results on Thursday, April 21st. The railroad operator reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.02. Union Pacific had a net margin of 30.06% and a return on equity of 50.20%. The business had revenue of $5.86 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period in the prior year, the firm earned $2.00 EPS. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 11.64 EPS for the current year.

Union Pacific announced that its board has approved a share buyback plan on Thursday, February 3rd that permits the company to buyback 100,000,000 shares. This buyback authorization permits the railroad operator to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Tuesday, May 31st will be paid a dividend of $1.30 per share. The ex-dividend date is Friday, May 27th. This is an increase from Union Pacific’s previous quarterly dividend of $1.18. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.25%. Union Pacific’s dividend payout ratio (DPR) is currently 44.87%.

A number of brokerages have recently issued reports on UNP. JPMorgan Chase & Co. boosted their price objective on shares of Union Pacific from $267.00 to $276.00 and gave the company an “overweight” rating in a research report on Friday, April 8th. The Goldman Sachs Group lifted their target price on shares of Union Pacific from $271.00 to $276.00 in a research note on Thursday, April 21st. Barclays lifted their target price on shares of Union Pacific from $260.00 to $280.00 and gave the company an “overweight” rating in a research note on Friday, January 14th. Royal Bank of Canada cut shares of Union Pacific from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $271.00 to $258.00 in a research note on Thursday, March 17th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Union Pacific from $270.00 to $260.00 and set a “buy” rating on the stock in a research note on Monday, January 24th. Nine research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Union Pacific currently has an average rating of “Buy” and a consensus target price of $267.74.

About Union Pacific (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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