Newbridge Financial Services Group Inc. Sells 150 Shares of Union Pacific Co. (NYSE:UNP)

Newbridge Financial Services Group Inc. reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 50.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 149 shares of the railroad operator’s stock after selling 150 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Union Pacific were worth $36,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of Union Pacific during the 4th quarter worth $1,832,127,000. Wellington Management Group LLP raised its stake in Union Pacific by 0.3% during the 3rd quarter. Wellington Management Group LLP now owns 7,261,449 shares of the railroad operator’s stock valued at $1,478,649,000 after purchasing an additional 19,145 shares during the last quarter. Capital Research Global Investors raised its stake in Union Pacific by 23.1% during the 4th quarter. Capital Research Global Investors now owns 6,851,767 shares of the railroad operator’s stock valued at $1,682,931,000 after purchasing an additional 1,285,144 shares during the last quarter. Northern Trust Corp raised its stake in Union Pacific by 4.4% during the 3rd quarter. Northern Trust Corp now owns 6,803,796 shares of the railroad operator’s stock valued at $1,385,457,000 after purchasing an additional 285,988 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Union Pacific by 2.2% during the 4th quarter. Fisher Asset Management LLC now owns 5,867,842 shares of the railroad operator’s stock valued at $1,441,260,000 after purchasing an additional 125,522 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 0.5 %

Shares of NYSE UNP opened at $222.58 on Wednesday. The firm has a market capitalization of $135.80 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 1.80 and a beta of 1.05. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 1 year low of $199.06 and a 1 year high of $258.66. The firm’s 50-day moving average is $234.63 and its 200-day moving average is $240.77.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm earned $2.67 EPS. Equities analysts expect that Union Pacific Co. will post 11.25 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Friday, May 31st. Union Pacific’s payout ratio is 49.62%.

Wall Street Analyst Weigh In

Several research firms recently commented on UNP. Benchmark upped their target price on shares of Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Wells Fargo & Company began coverage on shares of Union Pacific in a research note on Friday, June 7th. They set an “overweight” rating and a $270.00 target price for the company. Susquehanna upped their target price on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. Jefferies Financial Group began coverage on shares of Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 target price for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.75.

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.