Dimension Capital Management LLC Sells 3,304 Shares of Union Pacific Co. (UNP)

Dimension Capital Management LLC decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 59.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,249 shares of the railroad operator’s stock after selling 3,304 shares during the period. Dimension Capital Management LLC’s holdings in Union Pacific were worth $302,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UNP. Beach Investment Management LLC. raised its position in shares of Union Pacific by 2,877.6% during the 2nd quarter. Beach Investment Management LLC. now owns 92,900 shares of the railroad operator’s stock valued at $10,118,000 after acquiring an additional 89,780 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Union Pacific during the 2nd quarter valued at $18,952,000. Redwood Investments LLC raised its position in shares of Union Pacific by 69,385.6% during the 2nd quarter. Redwood Investments LLC now owns 77,129 shares of the railroad operator’s stock valued at $8,400,000 after acquiring an additional 77,018 shares during the last quarter. Peddock Capital Advisors LLC raised its position in shares of Union Pacific by 1.8% during the 2nd quarter. Peddock Capital Advisors LLC now owns 4,307 shares of the railroad operator’s stock valued at $469,000 after acquiring an additional 78 shares during the last quarter. Finally, iAB Financial Bank raised its position in shares of Union Pacific by 23.8% during the 2nd quarter. iAB Financial Bank now owns 3,900 shares of the railroad operator’s stock valued at $425,000 after acquiring an additional 750 shares during the last quarter. Institutional investors own 78.41% of the company’s stock.

Several analysts have commented on the stock. Argus upped their target price on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 14th. Robert W. Baird reissued a “hold” rating on shares of Union Pacific in a report on Friday, January 26th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Finally, TD Securities decreased their price target on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $130.40.

Union Pacific Co. (NYSE UNP) opened at $134.97 on Friday. The firm has a market cap of $105,180.00, a price-to-earnings ratio of 22.61, a P/E/G ratio of 1.66 and a beta of 0.84. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.02 and a quick ratio of 0.83. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). The company had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. Union Pacific’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.39 earnings per share. analysts predict that Union Pacific Co. will post 7.51 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 2.16%. Union Pacific’s dividend payout ratio is presently 44.56%.

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Union Pacific Company 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.

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

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