Union Pacific Co. (NYSE:UNP) Holdings Decreased by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC reduced its stake in Union Pacific Co. (NYSE:UNP) by 0.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,492 shares of the railroad operator’s stock after selling 50 shares during the period. Oliver Luxxe Assets LLC’s holdings in Union Pacific were worth $2,088,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Union Pacific during the fourth quarter valued at approximately $1,832,127,000. Wellington Management Group LLP raised its position in shares of Union Pacific by 0.3% during the third quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock worth $1,478,649,000 after purchasing an additional 19,145 shares during the period. Capital Research Global Investors lifted its holdings in shares of Union Pacific by 23.1% during the fourth quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after purchasing an additional 1,285,144 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Union Pacific by 2.2% in the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after purchasing an additional 125,522 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of Union Pacific by 7.1% in the fourth quarter. Franklin Resources Inc. now owns 5,504,181 shares of the railroad operator’s stock worth $1,351,937,000 after buying an additional 364,029 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $1.67 during trading on Monday, hitting $224.59. 898,421 shares of the company’s stock traded hands, compared to its average volume of 2,303,911. The company has a market cap of $137.03 billion, a PE ratio of 21.59, a PEG ratio of 1.92 and a beta of 1.07. The firm’s fifty day moving average price is $233.31 and its 200 day moving average price is $240.32. Union Pacific Co. has a twelve month low of $199.33 and a twelve month high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company’s revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.67 EPS. Analysts forecast that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were paid a dividend of $1.30 per share. The ex-dividend date was Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.32%. Union Pacific’s dividend payout ratio is 49.62%.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Benchmark boosted their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Jefferies Financial Group started coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price target on the stock. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and cut their price objective for the stock from $276.00 to $238.00 in a report on Monday, June 17th. Finally, StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, June 18th. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $258.92.

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.