Union Pacific Corporation $UNP Position Trimmed by Clifford Group LLC

Clifford Group LLC trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 10.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,876 shares of the railroad operator’s stock after selling 353 shares during the quarter. Union Pacific accounts for about 0.6% of Clifford Group LLC’s portfolio, making the stock its 25th largest holding. Clifford Group LLC’s holdings in Union Pacific were worth $679,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in UNP. Nuveen LLC bought a new stake in Union Pacific during the first quarter worth approximately $988,822,000. GAMMA Investing LLC boosted its holdings in Union Pacific by 27,502.8% during the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock worth $588,510,000 after buying an additional 2,482,126 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Union Pacific by 35.2% during the fourth 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 worth $1,133,053,000 after buying an additional 1,294,643 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Union Pacific by 29.8% during the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator’s stock worth $873,878,000 after buying an additional 850,025 shares in the last quarter. Finally, Auto Owners Insurance Co boosted its holdings in Union Pacific by 61,054.6% during the first quarter. Auto Owners Insurance Co now owns 625,000 shares of the railroad operator’s stock worth $147,650,000 after buying an additional 623,978 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Down 0.2%

UNP stock opened at $221.50 on Thursday. Union Pacific Corporation has a 12-month low of $204.66 and a 12-month high of $258.07. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. The company has a market cap of $131.36 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 2.17 and a beta of 1.03. The company has a 50 day moving average of $226.75 and a two-hundred day moving average of $227.48.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the firm earned $2.74 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is currently 47.96%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Robert W. Baird assumed coverage on shares of Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price objective for the company. Sanford C. Bernstein raised their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Evercore ISI decreased their price objective on shares of Union Pacific from $244.00 to $238.00 and set an “in-line” rating for the company in a research note on Friday, July 25th. BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $277.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.21.

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.