Union Pacific Co. (NYSE:UNP) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,362 shares of the railroad operator’s stock after selling 1,269 shares during the quarter. Quantbot Technologies LP’s holdings in Union Pacific were worth $3,702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A acquired a new stake in shares of Union Pacific in the fourth quarter valued at $25,000. Richardson Capital Management LLC acquired a new position in Union Pacific during the 1st quarter worth $26,000. Raleigh Capital Management Inc. grew its stake in Union Pacific by 211.4% during the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares in the last quarter. Cultivar Capital Inc. acquired a new position in Union Pacific during the 2nd quarter worth $27,000. Finally, Scarborough Advisors LLC acquired a new position in Union Pacific during the 4th quarter worth $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 1.4 %

Union Pacific stock opened at $252.51 on Tuesday. Union Pacific Co. has a fifty-two week low of $199.33 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The company has a market capitalization of $154.06 billion, a P/E ratio of 24.09, a PEG ratio of 2.20 and a beta of 1.05. The stock has a 50-day simple moving average of $243.58 and a 200-day simple moving average of $239.08.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.57 EPS. Equities research analysts expect that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s payout ratio is 51.15%.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the transaction, the president now owns 64,945 shares in the company, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on UNP shares. Wells Fargo & Company started coverage on Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 target price for the company. Royal Bank of Canada reissued an “outperform” rating and set a $275.00 target price on shares of Union Pacific in a research note on Thursday, September 12th. Susquehanna lowered their target price on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a research note on Tuesday, June 25th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Finally, Stifel Nicolaus decreased their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.79.

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.