IFP Advisors Inc Lowers Stake in Union Pacific Co. (UNP)

IFP Advisors Inc trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,468 shares of the railroad operator’s stock after selling 2,748 shares during the period. IFP Advisors Inc’s holdings in Union Pacific were worth $3,997,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in Union Pacific by 147.2% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock worth $122,000 after acquiring an additional 686 shares in the last quarter. Acrospire Investment Management LLC increased its holdings in Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after acquiring an additional 300 shares in the last quarter. Community Bank N.A. increased its holdings in Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after acquiring an additional 45 shares in the last quarter. Finally, Jacobi Capital Management LLC increased its holdings in Union Pacific by 6.6% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after acquiring an additional 105 shares in the last quarter. Institutional investors and hedge funds own 78.45% of the company’s stock.

Shares of Union Pacific Co. (UNP) opened at $140.35 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. Union Pacific Co. has a 1 year low of $101.06 and a 1 year high of $141.40. The stock has a market cap of $110,480.00, a PE ratio of 24.84, a PEG ratio of 1.97 and a beta of 0.90.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period in the prior year, the firm earned $1.36 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. research analysts expect that Union Pacific Co. will post 5.78 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, November 30th were paid a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.90%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.61. The ex-dividend date was Wednesday, November 29th. Union Pacific’s dividend payout ratio is presently 47.08%.

Several brokerages recently commented on UNP. Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. upped their target price on shares of Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Finally, BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a research report on Friday, October 20th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $121.21.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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