Union Pacific Co. (NYSE:UNP) Shares Sold by Annex Advisory Services LLC

Annex Advisory Services LLC reduced its position in Union Pacific Co. (NYSE:UNP) by 87.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,773 shares of the railroad operator’s stock after selling 54,859 shares during the quarter. Annex Advisory Services LLC’s holdings in Union Pacific were worth $1,773,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Client 1ST Advisory Group LLC purchased a new stake in shares of Union Pacific in the fourth quarter valued at approximately $319,000. Grove Bank & Trust boosted its stake in Union Pacific by 30.5% during the fourth quarter. Grove Bank & Trust now owns 4,515 shares of the railroad operator’s stock worth $1,030,000 after buying an additional 1,056 shares during the last quarter. Artemis Investment Management LLP grew its holdings in Union Pacific by 80.8% in the 4th quarter. Artemis Investment Management LLP now owns 18,913 shares of the railroad operator’s stock valued at $4,313,000 after buying an additional 8,452 shares in the last quarter. Kelly Financial Services LLC purchased a new position in shares of Union Pacific during the 4th quarter worth $3,813,000. Finally, Aaron Wealth Advisors LLC raised its holdings in shares of Union Pacific by 8.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 4,930 shares of the railroad operator’s stock worth $1,124,000 after acquiring an additional 403 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.4 %

Shares of Union Pacific stock opened at $233.99 on Tuesday. 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 Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a market capitalization of $141.86 billion, a P/E ratio of 21.49, a P/E/G ratio of 2.02 and a beta of 1.06. The company has a 50 day moving average of $233.83 and a 200 day moving average of $239.04.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the previous year, the firm posted $2.51 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, research analysts forecast that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio is presently 49.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Susquehanna cut their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Raymond James lifted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research report on Friday, January 10th. Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and reduced their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Sanford C. Bernstein lowered their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.35.

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.