Hoxton Planning & Management LLC Sells 74 Shares of Union Pacific Co. (NYSE:UNP)

Hoxton Planning & Management LLC lessened its stake in Union Pacific Co. (NYSE:UNP) by 3.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,424 shares of the railroad operator’s stock after selling 74 shares during the period. Hoxton Planning & Management LLC’s holdings in Union Pacific were worth $597,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Personal CFO Solutions LLC raised its position in shares of Union Pacific by 15.6% during the 4th quarter. Personal CFO Solutions LLC now owns 1,627 shares of the railroad operator’s stock valued at $400,000 after acquiring an additional 220 shares during the last quarter. Unigestion Holding SA grew its holdings in shares of Union Pacific by 370.8% in the 4th quarter. Unigestion Holding SA now owns 9,045 shares of the railroad operator’s stock valued at $2,222,000 after buying an additional 7,124 shares during the period. MGO One Seven LLC grew its holdings in shares of Union Pacific by 5.0% in the 4th quarter. MGO One Seven LLC now owns 12,459 shares of the railroad operator’s stock valued at $3,060,000 after buying an additional 588 shares during the period. Icon Wealth Advisors LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $675,000. Finally, Ethic Inc. grew its holdings in shares of Union Pacific by 26.8% in the 4th quarter. Ethic Inc. now owns 25,474 shares of the railroad operator’s stock valued at $6,257,000 after buying an additional 5,379 shares during the period. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In related news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total transaction of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is owned by insiders.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $237.56 on Wednesday. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86. The firm has a market capitalization of $144.72 billion, a P/E ratio of 22.67, a P/E/G ratio of 2.20 and a beta of 1.05. The company’s 50 day moving average price is $246.08 and its two-hundred day moving average price is $238.68.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter last year, the firm earned $2.57 earnings per share. The company’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities analysts forecast that Union Pacific Co. will post 11.1 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend was Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Bank of America decreased their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Susquehanna increased their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. BMO Capital Markets reduced their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Loop Capital cut shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their target price for the company from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Sanford C. Bernstein dropped their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating on the stock in a report on Monday, July 8th. Eight analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $259.32.

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.