Union Pacific Co. (NYSE:UNP) Shares Sold by Scholtz & Company LLC

Scholtz & Company LLC lessened its holdings in Union Pacific Co. (NYSE:UNPGet Rating) by 3.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 20,321 shares of the railroad operator’s stock after selling 627 shares during the period. Union Pacific accounts for about 2.2% of Scholtz & Company LLC’s portfolio, making the stock its 17th biggest position. Scholtz & Company LLC’s holdings in Union Pacific were worth $5,552,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC increased its holdings in Union Pacific by 648.4% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,208 shares of the railroad operator’s stock worth $6,341,000 after buying an additional 20,107 shares during the period. Baker Tilly Wealth Management LLC boosted its position in Union Pacific by 19.9% in the 1st quarter. Baker Tilly Wealth Management LLC now owns 7,836 shares of the railroad operator’s stock worth $2,141,000 after purchasing an additional 1,299 shares in the last quarter. Laurel Wealth Advisors Inc. boosted its position in Union Pacific by 266.6% in the 4th quarter. Laurel Wealth Advisors Inc. now owns 5,466 shares of the railroad operator’s stock worth $1,377,000 after purchasing an additional 3,975 shares in the last quarter. Ascent Group LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $1,183,000. Finally, Ieq Capital LLC boosted its position in Union Pacific by 16.0% in the 1st quarter. Ieq Capital LLC now owns 18,831 shares of the railroad operator’s stock worth $5,145,000 after purchasing an additional 2,600 shares in the last quarter. Institutional investors and hedge funds own 77.89% of the company’s stock.

Union Pacific Stock Up 0.7 %

Shares of UNP opened at $233.39 on Monday. Union Pacific Co. has a 52-week low of $195.68 and a 52-week high of $278.94. The company has a market capitalization of $145.75 billion, a PE ratio of 21.61, a price-to-earnings-growth ratio of 2.01 and a beta of 1.14. The stock has a fifty day simple moving average of $224.57 and a two-hundred day simple moving average of $232.62. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 2.33.

Union Pacific (NYSE:UNPGet Rating) last issued its earnings results on Thursday, July 21st. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.93. Union Pacific had a return on equity of 52.00% and a net margin of 29.23%. The business had revenue of $6.27 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the company earned $2.72 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. As a group, equities analysts forecast that Union Pacific Co. will post 11.55 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, August 31st will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Tuesday, August 30th. Union Pacific’s payout ratio is 48.46%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on UNP shares. StockNews.com upgraded Union Pacific from a “hold” rating to a “buy” rating in a research report on Monday, September 5th. Stifel Nicolaus lowered their price objective on Union Pacific from $254.00 to $225.00 in a research report on Friday, July 15th. Citigroup lowered Union Pacific from a “buy” rating to a “neutral” rating and decreased their target price for the company from $287.00 to $235.00 in a research report on Thursday, May 19th. Daiwa Capital Markets lowered Union Pacific from an “outperform” rating to a “neutral” rating and increased their target price for the company from $235.00 to $242.00 in a research report on Friday, August 26th. They noted that the move was a valuation call. Finally, Barclays decreased their target price on Union Pacific from $290.00 to $255.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 21st. Eleven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.17.

Union Pacific Profile

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Further Reading

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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