ASB Consultores LLC Has $396,000 Stake in Union Pacific Co. (NYSE:UNP)

ASB Consultores LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 58.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,750 shares of the railroad operator’s stock after selling 2,437 shares during the quarter. ASB Consultores LLC’s holdings in Union Pacific were worth $396,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. 9258 Wealth Management LLC raised its stake in shares of Union Pacific by 2.1% in the 4th quarter. 9258 Wealth Management LLC now owns 3,124 shares of the railroad operator’s stock valued at $767,000 after purchasing an additional 65 shares during the period. Gryphon Financial Partners LLC grew its holdings in shares of Union Pacific by 86.8% in the 4th quarter. Gryphon Financial Partners LLC now owns 2,589 shares of the railroad operator’s stock valued at $594,000 after acquiring an additional 1,203 shares in the last quarter. Jump Financial LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $518,000. TrinityPoint Wealth LLC grew its holdings in shares of Union Pacific by 6.9% in the 4th quarter. TrinityPoint Wealth LLC now owns 4,387 shares of the railroad operator’s stock valued at $1,077,000 after acquiring an additional 282 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $241,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Down 1.1 %

Shares of UNP stock opened at $248.44 on Friday. The firm has a 50 day moving average price of $245.15 and a two-hundred day moving average price of $239.23. 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 company has a market capitalization of $151.35 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. Union Pacific Co. has a 12-month low of $199.33 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the business posted $2.57 earnings per share. As a group, analysts predict that Union Pacific Co. will post 11.11 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 30th will be given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.16%. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Friday, August 30th. Union Pacific’s payout ratio is presently 51.15%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of Union Pacific stock in a transaction that occurred 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 completion of the sale, the president now directly owns 64,945 shares in the company, valued at $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. Stifel Nicolaus decreased their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Wells Fargo & Company initiated coverage on Union Pacific in a report on Friday, June 7th. They issued an “overweight” rating and a $270.00 price objective for the company. Barclays decreased their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Susquehanna reduced their price target on Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. Finally, Benchmark reiterated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Monday, July 29th. Eight research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.79.

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.