Union Pacific Corporation $UNP Stock Sold by QV Investors Inc.

QV Investors Inc. cut its position in Union Pacific Corporation (NYSE:UNP) by 42.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 36,166 shares of the railroad operator’s stock after selling 26,625 shares during the period. QV Investors Inc.’s holdings in Union Pacific were worth $9,842,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital Advisors Inc. OK raised its holdings in Union Pacific by 1.8% in the 2nd quarter. Capital Advisors Inc. OK now owns 1,888 shares of the railroad operator’s stock worth $513,000 after acquiring an additional 34 shares during the last quarter. Tiemann Investment Advisors LLC lifted its position in Union Pacific by 1.7% in the 2nd quarter. Tiemann Investment Advisors LLC now owns 2,117 shares of the railroad operator’s stock valued at $576,000 after acquiring an additional 35 shares in the last quarter. Burford Brothers Inc. lifted its position in Union Pacific by 1.9% in the 2nd quarter. Burford Brothers Inc. now owns 1,877 shares of the railroad operator’s stock valued at $511,000 after acquiring an additional 35 shares in the last quarter. TFR Capital LLC. lifted its position in Union Pacific by 3.8% in the 2nd quarter. TFR Capital LLC. now owns 979 shares of the railroad operator’s stock valued at $266,000 after acquiring an additional 36 shares in the last quarter. Finally, Louisbourg Investments Inc. boosted its stake in Union Pacific by 0.4% during the 3rd quarter. Louisbourg Investments Inc. now owns 9,587 shares of the railroad operator’s stock valued at $2,609,000 after purchasing an additional 36 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Up 0.2%

Union Pacific stock opened at $287.65 on Wednesday. Union Pacific Corporation has a one year low of $215.53 and a one year high of $315.99. The stock has a fifty day moving average of $287.53 and a 200 day moving average of $277.49. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The stock has a market cap of $170.89 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 2.85 and a beta of 0.95.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $3.03 earnings per share. As a group, sell-side analysts predict that Union Pacific Corporation will post 13.05 EPS for the current year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st were paid a $1.42 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date was Monday, August 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is currently 45.99%.

Analyst Ratings Changes

A number of analysts have commented on the company. Barclays reissued an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Robert W. Baird boosted their price target on Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Raymond James Financial set a $350.00 price target on Union Pacific in a report on Thursday, October 15th. Benchmark upped their price target on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Erste Group Bank initiated coverage on Union Pacific in a research report on Thursday, August 27th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $325.00.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.