Fragasso Financial Advisors Inc Sells 1,737 Shares of Union Pacific Co. (NYSE:UNP)

Fragasso Financial Advisors Inc trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 7.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,235 shares of the railroad operator’s stock after selling 1,737 shares during the period. Fragasso Financial Advisors Inc’s holdings in Union Pacific were worth $4,614,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. GHP Investment Advisors Inc. boosted its stake in Union Pacific by 4.6% during the 2nd quarter. GHP Investment Advisors Inc. now owns 1,206 shares of the railroad operator’s stock valued at $273,000 after purchasing an additional 53 shares during the last quarter. Federated Hermes Inc. grew its holdings in Union Pacific by 3,524.7% during the second quarter. Federated Hermes Inc. now owns 112,292 shares of the railroad operator’s stock worth $25,407,000 after buying an additional 109,194 shares in the last quarter. Thoroughbred Financial Services LLC raised its position in Union Pacific by 12.1% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,178 shares of the railroad operator’s stock valued at $1,171,000 after buying an additional 557 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Union Pacific by 8.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 39,597 shares of the railroad operator’s stock valued at $8,959,000 after acquiring an additional 2,981 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its holdings in Union Pacific by 0.5% during the 2nd quarter. Lyell Wealth Management LP now owns 35,548 shares of the railroad operator’s stock worth $8,043,000 after acquiring an additional 168 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.5 %

UNP traded up $1.11 during midday trading on Monday, reaching $226.32. The company’s stock had a trading volume of 976,136 shares, compared to its average volume of 2,348,736. The stock’s 50-day moving average is $234.64 and its 200-day moving average is $238.83. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The firm has a market capitalization of $137.21 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 2.33 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 for the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the business earned $2.51 earnings per share. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. As a group, research analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently weighed in on UNP. Raymond James boosted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday. Stifel Nicolaus cut their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Susquehanna dropped their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine 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’s stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $259.80.

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.