Neville Rodie & Shaw Inc. Sells 3,151 Shares of Union Pacific Corporation $UNP

Neville Rodie & Shaw Inc. decreased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 10.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,296 shares of the railroad operator’s stock after selling 3,151 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Union Pacific were worth $6,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of Union Pacific by 10.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 93,337 shares of the railroad operator’s stock valued at $21,475,000 after acquiring an additional 8,925 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Union Pacific by 26.4% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 23,875 shares of the railroad operator’s stock valued at $5,494,000 after purchasing an additional 4,980 shares during the period. SCS Capital Management LLC lifted its holdings in Union Pacific by 165.2% in the 2nd quarter. SCS Capital Management LLC now owns 34,808 shares of the railroad operator’s stock worth $8,009,000 after purchasing an additional 21,685 shares in the last quarter. Markel Group Inc. boosted its stake in Union Pacific by 13.4% in the 2nd quarter. Markel Group Inc. now owns 97,278 shares of the railroad operator’s stock worth $22,382,000 after purchasing an additional 11,500 shares during the period. Finally, Bright Rock Capital Management LLC grew its holdings in Union Pacific by 28.9% during the 2nd quarter. Bright Rock Capital Management LLC now owns 53,500 shares of the railroad operator’s stock valued at $12,309,000 after buying an additional 12,000 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UNP. Weiss Ratings restated a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a research note on Thursday. BMO Capital Markets cut their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. The Goldman Sachs Group set a $263.00 target price on Union Pacific and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, Susquehanna reissued a “positive” rating and set a $272.00 price target (up from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $259.54.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $239.90 on Monday. The firm has a fifty day simple moving average of $226.39 and a two-hundred day simple moving average of $225.81. Union Pacific Corporation has a 52 week low of $204.66 and a 52 week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $142.30 billion, a P/E ratio of 20.38, a PEG ratio of 2.66 and a beta of 0.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.09. The firm had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $2.75 EPS. On average, analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, December 5th. Union Pacific’s dividend payout ratio (DPR) is presently 46.90%.

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.