Creekmur Asset Management LLC Sells 122 Shares of Union Pacific Co. (NYSE:UNP)

Creekmur Asset Management LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 43.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 156 shares of the railroad operator’s stock after selling 122 shares during the period. Creekmur Asset Management LLC’s holdings in Union Pacific were worth $38,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. OLD Point Trust & Financial Services N A acquired a new position in shares of Union Pacific in the 4th quarter valued at about $25,000. Richardson Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at about $26,000. Raleigh Capital Management Inc. lifted 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. Scarborough Advisors LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at about $29,000. Finally, Tributary Capital Management LLC acquired a new position in shares of Union Pacific in the 1st quarter valued at about $30,000. Institutional investors own 80.38% of the company’s stock.

Insider Activity at Union Pacific

In related news, insider Whited Elizabeth 3,553 shares of Union Pacific stock in a transaction that occurred on Tuesday, July 30th. The was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.28% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Loop Capital downgraded Union Pacific from a “buy” rating to a “hold” rating and dropped their price target for the stock from $276.00 to $238.00 in a research note on Monday, June 17th. Jefferies Financial Group initiated coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Stifel Nicolaus dropped their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, July 17th. Morgan Stanley boosted their price objective on Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, Sanford C. Bernstein decreased their price objective on Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a report on Monday, July 8th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $258.79.

Union Pacific Price Performance

Shares of UNP stock traded down $2.63 on Thursday, reaching $244.10. The company’s stock had a trading volume of 427,699 shares, compared to its average volume of 2,295,554. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66. The company has a market capitalization of $148.93 billion, a P/E ratio of 23.54, a PEG ratio of 2.17 and a beta of 1.06. The stock’s 50 day simple moving average is $230.32 and its 200-day simple moving average is $239.15.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The company had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $2.57 earnings per share. As a group, equities analysts predict that Union Pacific Co. will post 11.12 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is currently 51.15%.

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.