Bfsg LLC Sells 47 Shares of Union Pacific Co. (NYSE:UNP)

Bfsg LLC lessened its position in Union Pacific Co. (NYSE:UNP) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,823 shares of the railroad operator’s stock after selling 47 shares during the period. Bfsg LLC’s holdings in Union Pacific were worth $639,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Union Pacific during the fourth quarter worth $1,832,127,000. Capital Research Global Investors grew its stake in Union Pacific by 23.1% in 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 buying an additional 1,285,144 shares during the last quarter. Winslow Capital Management LLC bought a new stake in shares of Union Pacific during the fourth quarter worth approximately $293,162,000. Capital World Investors lifted its holdings in Union Pacific by 35.3% during the 1st quarter. Capital World Investors now owns 4,118,477 shares of the railroad operator’s stock worth $1,012,857,000 after purchasing an additional 1,073,625 shares during the last quarter. Finally, TD Asset Management Inc lifted its holdings in shares of Union Pacific by 115.3% during the fourth quarter. TD Asset Management Inc now owns 1,070,123 shares of the railroad operator’s stock worth $262,844,000 after buying an additional 573,072 shares in the last quarter. 80.38% of the stock is owned by institutional investors.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the firm’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on UNP shares. Barclays dropped their price objective on Union Pacific from $290.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, July 26th. Stifel Nicolaus dropped their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Loop Capital lowered shares of Union Pacific from a “buy” rating to a “hold” rating and dropped their price objective for the company from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Monday, July 29th. Seven equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Stock Up 0.2 %

Shares of UNP stock traded up $0.53 during trading hours on Thursday, reaching $253.20. The company had a trading volume of 1,287,707 shares, compared to its average volume of 2,259,533. The business has a fifty day simple moving average of $236.50 and a 200-day simple moving average of $239.02. Union Pacific Co. has a 12 month low of $199.33 and a 12 month high of $258.66. The company has a market cap of $154.25 billion, a price-to-earnings ratio of 24.16, a price-to-earnings-growth ratio of 2.19 and a beta of 1.06. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.05 and a quick ratio of 0.86.

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

Union Pacific Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.12%. This is a boost 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 49.62%.

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.