HHM Wealth Advisors LLC Sells 448 Shares of Union Pacific Corporation $UNP

HHM Wealth Advisors LLC trimmed its position in Union Pacific Corporation (NYSE:UNP) by 13.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,861 shares of the railroad operator’s stock after selling 448 shares during the period. HHM Wealth Advisors LLC’s holdings in Union Pacific were worth $658,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. CBIZ Investment Advisory Services LLC grew its stake in Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Companies Inc. bought a new stake in shares of Union Pacific during the 2nd quarter worth $31,000. Access Investment Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth $32,000. WPG Advisers LLC bought a new position in Union Pacific during the first quarter valued at about $33,000. Finally, GFG Capital LLC bought a new position in Union Pacific during the second quarter valued at about $38,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on UNP shares. Loop Capital upgraded shares of Union Pacific from a “sell” rating to a “hold” rating and boosted their target price for the company from $214.00 to $227.00 in a research note on Tuesday, September 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Union Pacific in a report on Wednesday, October 8th. BMO Capital Markets lowered their price objective on Union Pacific from $277.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Argus downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, August 12th. Finally, Jefferies Financial Group upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and upped their price target for the company from $250.00 to $285.00 in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Union Pacific Stock Performance

NYSE UNP opened at $220.97 on Wednesday. The company’s 50 day simple moving average is $224.36 and its two-hundred day simple moving average is $224.79. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.75 and a quick ratio of 0.60. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $256.84. The stock has a market capitalization of $131.07 billion, a PE ratio of 18.77, a P/E/G ratio of 2.27 and a beta of 1.04.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter in the prior year, the firm posted $2.75 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Friday, December 5th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a dividend yield of 2.5%. Union Pacific’s payout ratio is presently 46.90%.

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.