Union Pacific Corporation $UNP Holdings Decreased by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC cut its position in shares of Union Pacific Corporation (NYSE:UNP) by 35.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,674 shares of the railroad operator’s stock after selling 4,763 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Union Pacific were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its position in shares of Union Pacific by 2.0% in the 1st quarter. Northern Trust Corp now owns 7,105,382 shares of the railroad operator’s stock worth $1,678,575,000 after buying an additional 142,732 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Union Pacific by 5.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,949,345 shares of the railroad operator’s stock valued at $1,641,715,000 after buying an additional 354,463 shares during the last quarter. Royal Bank of Canada raised its stake in Union Pacific by 1.7% during the first quarter. Royal Bank of Canada now owns 5,105,784 shares of the railroad operator’s stock worth $1,206,191,000 after acquiring an additional 86,292 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Union Pacific by 10.8% in the first quarter. Canada Pension Plan Investment Board now owns 4,626,200 shares of the railroad operator’s stock worth $1,092,893,000 after acquiring an additional 452,788 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Union Pacific in the first quarter valued at approximately $988,822,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE UNP opened at $226.36 on Monday. The stock has a market cap of $134.27 billion, a P/E ratio of 19.23, a P/E/G ratio of 2.27 and a beta of 1.04. The firm’s 50-day simple moving average is $224.83 and its 200 day simple moving average is $224.96. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84. The company has a quick ratio of 0.60, a current ratio of 0.75 and a debt-to-equity ratio of 1.75.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 EPS for the quarter, beating the consensus estimate of $2.99 by $0.09. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm had revenue of $6.24 billion for the quarter, compared to analysts’ expectations of $6.24 billion. During the same quarter last year, the company earned $2.75 EPS. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts expect that Union Pacific Corporation will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Friday, December 5th will be issued a dividend of $1.38 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.52 annualized dividend and a yield of 2.4%. Union Pacific’s payout ratio is presently 46.90%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on UNP shares. Royal Bank Of Canada upped their target price on Union Pacific from $257.00 to $276.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Cowen restated a “buy” rating on shares of Union Pacific in a research note on Friday, October 24th. Susquehanna reaffirmed a “positive” rating and issued a $272.00 target price (up from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. BMO Capital Markets reduced their price target on shares of Union Pacific from $277.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Finally, The Goldman Sachs Group set a $263.00 price objective on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $261.63.

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.