Burling Wealth Partners LLC Cuts Stock Position in Union Pacific Corporation $UNP

Burling Wealth Partners LLC lessened its holdings in Union Pacific Corporation (NYSE:UNP) by 20.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,281 shares of the railroad operator’s stock after selling 2,615 shares during the period. Burling Wealth Partners LLC’s holdings in Union Pacific were worth $2,430,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of UNP. Norges Bank bought a new stake in shares of Union Pacific in the 2nd quarter worth about $1,856,340,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Union Pacific by 22,618.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,624,636 shares of the railroad operator’s stock valued at $603,876,000 after acquiring an additional 2,613,083 shares during the last quarter. Amundi grew its position in Union Pacific by 35.6% in the second quarter. Amundi now owns 4,782,577 shares of the railroad operator’s stock worth $1,134,236,000 after acquiring an additional 1,255,231 shares in the last quarter. Rothschild & Co Wealth Management UK Ltd grew its position in Union Pacific by 3,536.2% in the second quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,011,677 shares of the railroad operator’s stock worth $232,767,000 after acquiring an additional 983,855 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Union Pacific by 32.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,152,042 shares of the railroad operator’s stock worth $725,222,000 after acquiring an additional 778,411 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $264.67 on Thursday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $265.37. The firm has a market cap of $157.05 billion, a price-to-earnings ratio of 22.11, a PEG ratio of 2.87 and a beta of 0.98. The business’s fifty day simple moving average is $238.15 and its two-hundred day simple moving average is $229.47. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business earned $2.91 EPS. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be issued a $1.38 dividend. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. Union Pacific’s payout ratio is presently 46.12%.

Analyst Ratings Changes

UNP has been the subject of several analyst reports. Susquehanna reaffirmed a “buy” rating on shares of Union Pacific in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft set a $245.00 price target on Union Pacific in a report on Thursday, December 11th. Royal Bank Of Canada set a $280.00 price target on Union Pacific in a research report on Thursday, December 18th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.32.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.