Premier Fund Managers Ltd Trims Stake in Union Pacific Co. (NYSE:UNP)

Premier Fund Managers Ltd trimmed its stake in Union Pacific Co. (NYSE:UNP) by 16.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,430 shares of the railroad operator’s stock after selling 29,135 shares during the period. Union Pacific accounts for approximately 1.4% of Premier Fund Managers Ltd’s holdings, making the stock its 26th largest position. Premier Fund Managers Ltd’s holdings in Union Pacific were worth $31,618,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of UNP. Holloway Wealth Management LLC purchased a new stake in shares of Union Pacific in the 3rd quarter worth $30,000. Syverson Strege & Co bought a new position in Union Pacific in the 4th quarter worth $31,000. Hexagon Capital Partners LLC bought a new position in Union Pacific in the 3rd quarter worth $32,000. MPS Loria Financial Planners LLC boosted its holdings in Union Pacific by 48.6% in the 4th quarter. MPS Loria Financial Planners LLC now owns 162 shares of the railroad operator’s stock worth $33,000 after buying an additional 53 shares during the period. Finally, McCarthy Asset Management Inc. bought a new position in Union Pacific in the 4th quarter worth $36,000. Hedge funds and other institutional investors own 77.83% of the company’s stock.

Several research firms have commented on UNP. UBS Group increased their price objective on shares of Union Pacific from $219.00 to $230.00 and gave the company a “buy” rating in a report on Friday, January 22nd. Raymond James dropped their price objective on shares of Union Pacific from $250.00 to $245.00 and set a “strong-buy” rating for the company in a report on Friday, January 22nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Union Pacific from $220.00 to $239.00 and gave the company a “buy” rating in a research report on Monday, November 30th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price target on Union Pacific from $215.00 to $250.00 in a research report on Monday, January 11th. Finally, Sanford C. Bernstein upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a research report on Monday, January 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Union Pacific has an average rating of “Buy” and an average price target of $203.38.

Shares of UNP stock traded down $0.34 during mid-day trading on Tuesday, hitting $206.49. The stock had a trading volume of 23,834 shares, compared to its average volume of 2,950,529. The firm has a market capitalization of $138.31 billion, a P/E ratio of 26.35, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.06 and a quick ratio of 0.93. Union Pacific Co. has a 12-month low of $105.08 and a 12-month high of $221.28. The firm’s 50-day moving average is $209.10 and its two-hundred day moving average is $200.61.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Wednesday, January 20th. The railroad operator reported $2.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.25 by $0.11. Union Pacific had a return on equity of 31.71% and a net margin of 27.40%. During the same period last year, the business posted $2.02 earnings per share. Analysts expect that Union Pacific Co. will post 8.02 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 31st. Stockholders of record on Friday, February 26th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, February 25th. Union Pacific’s payout ratio is 46.30%.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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

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