Dean Investment Associates LLC Reduces Stock Position in Union Pacific Co. (NYSE:UNP)

Dean Investment Associates LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,605 shares of the railroad operator’s stock after selling 836 shares during the quarter. Dean Investment Associates LLC’s holdings in Union Pacific were worth $4,339,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fairhaven Wealth Management LLC grew its holdings in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock worth $584,000 after acquiring an additional 43 shares during the period. Chesapeake Wealth Management boosted its holdings in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock worth $1,856,000 after buying an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV grew its position in Union Pacific by 0.5% during the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after buying an additional 44 shares during the period. Montecito Bank & Trust increased its holdings in Union Pacific by 0.4% during the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator’s stock valued at $2,691,000 after buying an additional 45 shares during the last quarter. Finally, Traveka Wealth LLC raised its position in Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after acquiring an additional 45 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.5 %

Shares of NYSE:UNP opened at $233.57 on Friday. The firm’s 50-day simple moving average is $239.22 and its 200-day simple moving average is $238.26. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company has a market cap of $141.60 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 2.33 and a beta of 1.05. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (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 company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the company earned $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. As a group, equities research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Wall Street Analyst Weigh In

UNP has been the topic of several analyst reports. 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 research report on Wednesday, October 9th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. TD Cowen decreased their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Raymond James increased their price objective on shares of Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Monday, October 14th. Finally, Bank of America lowered their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Company 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.