Union Pacific Co. (NYSE:UNP) Shares Sold by MGO One Seven LLC

MGO One Seven LLC lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,447 shares of the railroad operator’s stock after selling 118 shares during the quarter. MGO One Seven LLC’s holdings in Union Pacific were worth $2,364,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of UNP. Allegheny Financial Group LTD grew its stake in Union Pacific by 22.5% during the 4th quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after acquiring an additional 2,000 shares in the last quarter. BNP Paribas acquired a new stake in shares of Union Pacific in the first quarter valued at approximately $1,088,000. Stifel Financial Corp lifted its position in Union Pacific by 10.8% during the fourth quarter. Stifel Financial Corp now owns 2,273,959 shares of the railroad operator’s stock worth $558,542,000 after buying an additional 222,318 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Union Pacific by 19.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 126,369 shares of the railroad operator’s stock worth $31,078,000 after buying an additional 20,173 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in Union Pacific by 5.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 75,365 shares of the railroad operator’s stock valued at $18,511,000 after buying an additional 4,089 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.28% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on UNP. Barclays reduced their price target on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Daiwa America lowered shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Sanford C. Bernstein cut their price target on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a report on Monday, July 8th. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Monday, July 29th. Finally, Stifel Nicolaus cut their target price on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $258.79.

Union Pacific Stock Performance

Shares of UNP stock opened at $247.47 on Thursday. Union Pacific Co. has a 52 week low of $199.33 and a 52 week high of $258.66. The firm has a 50 day moving average of $242.06 and a two-hundred day moving average of $239.24. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $150.99 billion, a PE ratio of 23.61, a P/E/G ratio of 2.21 and a beta of 1.05.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping the consensus estimate of $2.71 by $0.03. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. Union Pacific’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.57 EPS. On average, research analysts predict that Union Pacific Co. will post 11.11 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be issued a $1.34 dividend. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Friday, August 30th. This represents a $5.36 annualized dividend and a yield of 2.17%. Union Pacific’s dividend payout ratio (DPR) is 51.15%.

About Union Pacific

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.