Hengehold Capital Management LLC Sells 71 Shares of Union Pacific Co. (NYSE:UNP)

Hengehold Capital Management LLC cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 3.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,249 shares of the railroad operator’s stock after selling 71 shares during the period. Hengehold Capital Management LLC’s holdings in Union Pacific were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. OLD Point Trust & Financial Services N A bought a new position in Union Pacific during the fourth quarter worth about $25,000. Raleigh Capital Management Inc. raised its stake in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 74 shares during the period. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $28,000. Scarborough Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $29,000. Finally, Transcendent Capital Group LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at about $34,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

Shares of NYSE:UNP traded up $2.19 during trading on Friday, reaching $225.66. 1,139,564 shares of the stock were exchanged, compared to its average volume of 2,296,269. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The firm has a market cap of $137.68 billion, a PE ratio of 21.32, a PEG ratio of 1.82 and a beta of 1.05. The stock has a 50-day moving average price of $233.55 and a 200-day moving average price of $240.40. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the previous year, the company posted $2.67 earnings per share. The business’s revenue was down .4% on a year-over-year basis. Research analysts expect that Union Pacific Co. will post 11.25 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 31st will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s dividend payout ratio is presently 49.62%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Morgan Stanley lifted their price target on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. The Goldman Sachs Group lifted their target price on Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and lowered their target price for the company from $276.00 to $238.00 in a research report on Monday, June 17th. Finally, Stifel Nicolaus raised Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the company from $248.00 to $267.00 in a research report on Friday, May 3rd. Eight investment 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.92.

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.