Union Pacific Corporation (NYSE:UNP) Stock Position Trimmed by Stevens Capital Partners

Stevens Capital Partners lowered its holdings in Union Pacific Corporation (NYSE:UNP) by 35.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,454 shares of the railroad operator’s stock after selling 15,825 shares during the period. Union Pacific comprises 3.2% of Stevens Capital Partners’ holdings, making the stock its 7th largest position. Stevens Capital Partners’ holdings in Union Pacific were worth $6,722,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Union Pacific during the 4th quarter valued at $1,927,377,000. GAMMA Investing LLC raised its stake in shares of Union Pacific by 27,502.8% during the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after purchasing an additional 2,482,126 shares during the period. Geode Capital Management LLC raised its stake in shares of Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Capital Research Global Investors raised its stake in shares of Union Pacific by 14.3% during the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Union Pacific by 35.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock valued at $1,133,053,000 after purchasing an additional 1,294,643 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of analyst reports. Stifel Nicolaus decreased their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Morgan Stanley decreased their price objective on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Monday, July 7th. UBS Group decreased their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 2nd. Robert W. Baird began coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 target price on the stock. Finally, Stephens cut their price objective on Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $257.13.

Union Pacific Trading Down 0.6%

NYSE UNP opened at $231.94 on Wednesday. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73. The stock has a 50 day simple moving average of $226.80 and a two-hundred day simple moving average of $231.18. The stock has a market cap of $138.58 billion, a P/E ratio of 20.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 40.80% and a net margin of 27.76%. The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 EPS. On average, analysts forecast that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Friday, May 30th. Union Pacific’s payout ratio is presently 48.29%.

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.