Dakota Wealth Management Reduces Holdings in Union Pacific Co. (NYSE:UNP)

Dakota Wealth Management lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 6.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,809 shares of the railroad operator’s stock after selling 1,018 shares during the quarter. Dakota Wealth Management’s holdings in Union Pacific were worth $3,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of UNP. Alley Investment Management Company LLC boosted its position in shares of Union Pacific by 0.6% during the second quarter. Alley Investment Management Company LLC now owns 76,245 shares of the railroad operator’s stock valued at $17,251,000 after purchasing an additional 484 shares in the last quarter. AXA S.A. boosted its holdings in shares of Union Pacific by 16.1% during the 2nd quarter. AXA S.A. now owns 616,689 shares of the railroad operator’s stock valued at $139,532,000 after buying an additional 85,734 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Union Pacific by 49.3% in the 2nd quarter. AQR Capital Management LLC now owns 179,962 shares of the railroad operator’s stock worth $40,653,000 after buying an additional 59,418 shares during the period. APG Asset Management N.V. increased its stake in shares of Union Pacific by 23.4% in the 2nd quarter. APG Asset Management N.V. now owns 350,945 shares of the railroad operator’s stock worth $74,089,000 after acquiring an additional 66,650 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Union Pacific by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

NYSE UNP opened at $235.77 on Thursday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The stock has a market capitalization of $142.94 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.13 and a beta of 1.06. The business’s fifty day moving average price is $233.63 and its 200-day moving average price is $239.18.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.51 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on UNP. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Sanford C. Bernstein lowered their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Citigroup increased their target price on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Barclays increased their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Company 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.