Peddock Capital Advisors LLC Sells 1,615 Shares of Union Pacific Co. (NYSE:UNP)

Peddock Capital Advisors LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 21.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,074 shares of the railroad operator’s stock after selling 1,615 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Union Pacific were worth $1,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter worth $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the 3rd quarter worth about $30,000. Fairscale Capital LLC purchased a new position in Union Pacific in the 2nd quarter worth about $31,000. Jamison Private Wealth Management Inc. lifted its stake in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific during the 3rd quarter valued at $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UNP shares. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Stifel Nicolaus dropped their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Finally, Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Stock Up 0.6 %

NYSE UNP traded up $1.39 on Monday, reaching $226.60. 2,278,101 shares of the stock traded hands, compared to its average volume of 2,539,150. The company has a market cap of $137.38 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a fifty day moving average price of $234.64 and a 200-day moving average price of $238.83.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.37%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.