Union Pacific Co. (NYSE:UNP) Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its position in Union Pacific Co. (NYSE:UNP) by 20.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 229,909 shares of the railroad operator’s stock after selling 60,889 shares during the quarter. William Blair Investment Management LLC’s holdings in Union Pacific were worth $47,872,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Pinnacle Associates Ltd. lifted its holdings in shares of Union Pacific by 2.2% during the third quarter. Pinnacle Associates Ltd. now owns 37,498 shares of the railroad operator’s stock worth $7,382,000 after purchasing an additional 815 shares during the period. Prestige Wealth Management Group LLC boosted its holdings in Union Pacific by 30.9% during the third quarter. Prestige Wealth Management Group LLC now owns 1,123 shares of the railroad operator’s stock worth $222,000 after buying an additional 265 shares in the last quarter. Cypress Asset Management Inc. TX boosted its holdings in Union Pacific by 9.3% during the third quarter. Cypress Asset Management Inc. TX now owns 22,922 shares of the railroad operator’s stock worth $4,513,000 after buying an additional 1,945 shares in the last quarter. Wells Trecaso Financial Group LLC lifted its holdings in shares of Union Pacific by 7.3% in the third quarter. Wells Trecaso Financial Group LLC now owns 18,494 shares of the railroad operator’s stock valued at $3,641,000 after purchasing an additional 1,251 shares in the last quarter. Finally, Clear Harbor Asset Management LLC lifted its holdings in shares of Union Pacific by 7.0% in the third quarter. Clear Harbor Asset Management LLC now owns 17,369 shares of the railroad operator’s stock valued at $3,419,000 after purchasing an additional 1,135 shares in the last quarter. 77.83% of the stock is owned by institutional investors and hedge funds.

UNP has been the topic of several recent research reports. Credit Suisse Group reduced their price target on shares of Union Pacific from $249.00 to $243.00 and set an “outperform” rating on the stock in a report on Friday, January 22nd. Smith Barney Citigroup upped their price target on shares of Union Pacific from $215.00 to $250.00 in a report on Monday, January 11th. BMO Capital Markets upped their price objective on shares of Union Pacific from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Monday, January 11th. Morgan Stanley upped their price objective on shares of Union Pacific from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Friday, January 22nd. Finally, UBS Group upped their price objective on shares of Union Pacific from $219.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, January 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $203.38.

Shares of Union Pacific stock opened at $206.83 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 1.52. The firm has a market cap of $138.54 billion, a P/E ratio of 26.35, a P/E/G ratio of 2.33 and a beta of 1.11. Union Pacific Co. has a fifty-two week low of $105.08 and a fifty-two week high of $221.28. The business has a 50-day moving average price of $209.10 and a 200 day moving average price of $200.61.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Wednesday, January 20th. The railroad operator reported $2.36 earnings per share for the quarter, beating 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 company earned $2.02 earnings per share. As a group, equities research analysts anticipate that Union Pacific Co. will post 8.02 earnings per share for the current year.

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

Union Pacific Company Profile

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.

Recommended Story: Why is the LIBOR significant?

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP).

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

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.