Financial Advisory Partners LLC Has $3.67 Million Position in Union Pacific Co. (NYSE:UNP)

Financial Advisory Partners LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 2.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,902 shares of the railroad operator’s stock after selling 305 shares during the quarter. Financial Advisory Partners LLC’s holdings in Union Pacific were worth $3,673,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Richardson Capital Management LLC bought a new stake in shares of Union Pacific during the 1st quarter worth $26,000. Raleigh Capital Management Inc. increased its stake in shares of Union Pacific by 211.4% in the fourth quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 74 shares during the period. Cultivar Capital Inc. acquired a new position in shares of Union Pacific during the 2nd quarter worth about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter valued at approximately $28,000. Finally, Scarborough Advisors LLC bought a new position in Union Pacific in the 4th quarter worth approximately $29,000. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Up 0.2 %

UNP stock traded up $0.56 during midday trading on Thursday, reaching $238.24. The stock had a trading volume of 624,816 shares, compared to its average volume of 2,272,925. The firm has a market cap of $145.14 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 2.20 and a beta of 1.05. Union Pacific Co. has a twelve month low of $199.97 and a twelve month high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The business has a fifty day simple moving average of $245.74 and a two-hundred day simple moving average of $238.62.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the firm posted $2.57 earnings per share. Union Pacific’s revenue for the quarter was up .7% compared to the same quarter last year. As a group, research analysts expect that Union Pacific Co. will post 11.1 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.25%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is currently 51.15%.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares in the company, valued at approximately $16,014,787.55. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.28% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Stifel Nicolaus reduced their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $259.50.

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.