Clarius Group LLC Cuts Position in Union Pacific Corporation $UNP

Clarius Group LLC reduced its holdings in shares of Union Pacific Corporation (NYSE:UNPFree Report) by 10.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,036 shares of the railroad operator’s stock after selling 972 shares during the quarter. Clarius Group LLC’s holdings in Union Pacific were worth $1,849,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Highline Wealth Partners LLC lifted its stake in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. CBIZ Investment Advisory Services LLC raised its holdings in shares of Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock valued at $28,000 after buying an additional 112 shares during the period. Financial Gravity Asset Management Inc. acquired a new position in Union Pacific during the 1st quarter worth approximately $32,000. WPG Advisers LLC purchased a new position in Union Pacific in the 1st quarter worth approximately $33,000. Finally, Cornerstone Planning Group LLC grew its position in Union Pacific by 50.5% in the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Barclays downgraded shares of Union Pacific from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 30th. Loop Capital raised shares of Union Pacific from a “sell” rating to a “hold” rating and upped their price objective for the company from $214.00 to $227.00 in a research report on Tuesday, September 16th. Sanford C. Bernstein lifted their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a research report on Monday, July 21st. Robert W. Baird started coverage on Union Pacific in a research note on Tuesday, July 1st. They issued a “neutral” rating and a $231.00 price target on the stock. Finally, BMO Capital Markets raised their price objective on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $260.54.

Check Out Our Latest Analysis on UNP

Union Pacific Stock Performance

Shares of UNP stock opened at $236.60 on Friday. The stock has a market capitalization of $140.33 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 2.47 and a beta of 1.07. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company’s 50-day simple moving average is $223.67 and its 200-day simple moving average is $224.51. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNPGet Free Report) last announced its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The firm had revenue of $6.15 billion for the quarter, compared to analysts’ expectations of $6.09 billion. During the same quarter in the prior year, the firm posted $2.74 earnings per share. Union Pacific’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 2.3%. This is a boost from Union Pacific’s previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. Union Pacific’s dividend payout ratio (DPR) is 47.96%.

Union Pacific Company Profile

(Free Report)

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.

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

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