Union Pacific Co. (NYSE:UNP) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA trimmed its stake in Union Pacific Co. (NYSE:UNP) by 0.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,625,700 shares of the railroad operator’s stock after selling 3,500 shares during the quarter. Primecap Management Co. CA owned approximately 0.27% of Union Pacific worth $399,304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Desjardins Global Asset Management Inc. lifted its stake in Union Pacific by 1.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 3,000 shares of the railroad operator’s stock valued at $737,000 after buying an additional 41 shares in the last quarter. Twin Capital Management Inc. boosted its stake in Union Pacific by 3.0% in the 4th quarter. Twin Capital Management Inc. now owns 1,394 shares of the railroad operator’s stock worth $342,000 after purchasing an additional 41 shares during the period. Sunburst Financial Group LLC grew its position in Union Pacific by 1.8% during the 4th quarter. Sunburst Financial Group LLC now owns 2,393 shares of the railroad operator’s stock worth $588,000 after purchasing an additional 42 shares in the last quarter. Mission Wealth Management LP raised its stake in Union Pacific by 0.5% during the 4th quarter. Mission Wealth Management LP now owns 7,838 shares of the railroad operator’s stock valued at $1,925,000 after purchasing an additional 42 shares during the period. Finally, Berkeley Capital Partners LLC lifted its holdings in shares of Union Pacific by 1.0% in the fourth quarter. Berkeley Capital Partners LLC now owns 4,100 shares of the railroad operator’s stock valued at $1,007,000 after purchasing an additional 42 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $0.66 during trading hours on Friday, hitting $232.05. 2,161,918 shares of the stock were exchanged, compared to its average volume of 2,243,363. Union Pacific Co. has a one year low of $190.71 and a one year high of $258.66. The company’s 50 day moving average is $240.21 and its 200 day moving average is $239.52. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The firm has a market capitalization of $141.58 billion, a P/E ratio of 22.14, a P/E/G ratio of 1.91 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.67 earnings per share. On average, research analysts expect that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio is currently 49.62%.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Benchmark upped their price target on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. BMO Capital Markets raised their price target on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Stifel Nicolaus upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their price objective for the company from $248.00 to $267.00 in a research note on Friday, May 3rd. Susquehanna lifted their target price on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. Finally, Morgan Stanley upped their price target on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, April 26th. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $259.61.

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.