Compton Capital Management Inc. RI Decreases Holdings in Union Pacific Co. (NYSE:UNP)

Posted by Lauren Steadman on Feb 1st, 2023

Compton Capital Management Inc. RI lowered its stake in Union Pacific Co. (NYSE:UNP – Get Rating) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,505 shares of the railroad operator’s stock after selling 461 shares during the period. Union Pacific accounts for 1.9% of Compton Capital Management Inc. RI’s holdings, making the stock its 11th biggest position. Compton Capital Management Inc. RI’s holdings in Union Pacific were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Pacific Center for Financial Services grew its stake in shares of Union Pacific by 16.3% in the second quarter. Pacific Center for Financial Services now owns 307 shares of the railroad operator’s stock worth $65,000 after purchasing an additional 43 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in Union Pacific by 0.6% in the second quarter. Rehmann Capital Advisory Group now owns 7,427 shares of the railroad operator’s stock worth $1,584,000 after buying an additional 44 shares during the period. Trellis Advisors LLC lifted its holdings in Union Pacific by 4.2% in the second quarter. Trellis Advisors LLC now owns 1,150 shares of the railroad operator’s stock worth $245,000 after buying an additional 46 shares during the period. Strategic Wealth Investment Group LLC lifted its holdings in Union Pacific by 4.8% in the second quarter. Strategic Wealth Investment Group LLC now owns 1,027 shares of the railroad operator’s stock worth $219,000 after buying an additional 47 shares during the period. Finally, Key Financial Inc lifted its holdings in Union Pacific by 2.6% in the second quarter. Key Financial Inc now owns 1,876 shares of the railroad operator’s stock worth $404,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 77.27% of the company’s stock.

Union Pacific Stock Performance

Shares of UNP stock traded down $0.25 during mid-day trading on Wednesday, reaching $203.94. 792,844 shares of the company’s stock traded hands, compared to its average volume of 2,735,497. Union Pacific Co. has a 12 month low of $183.70 and a 12 month high of $278.94. The firm has a 50 day moving average price of $210.01 and a two-hundred day moving average price of $212.76. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.63 and a current ratio of 0.72. The firm has a market capitalization of $125.38 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.12.

Union Pacific (NYSE:UNP – Get Rating) last issued its quarterly earnings data on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.08). Union Pacific had a net margin of 28.13% and a return on equity of 58.41%. The business had revenue of $6.18 billion for the quarter, compared to the consensus estimate of $6.26 billion. During the same period in the previous year, the firm earned $2.66 EPS. The company’s revenue was up 7.8% on a year-over-year basis. On average, research analysts forecast that Union Pacific Co. will post 11.49 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Monday, December 19th were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend was Friday, December 16th. Union Pacific’s dividend payout ratio (DPR) is 46.35%.

Wall Street Analyst Weigh In

Several analysts have commented on UNP shares. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $219.00 to $217.00 and set a “neutral” rating for the company in a report on Friday, October 21st. Credit Suisse Group lowered their target price on shares of Union Pacific from $243.00 to $240.00 and set an “outperform” rating for the company in a report on Wednesday, January 25th. Bank of America lowered shares of Union Pacific from a “buy” rating to a “neutral” rating in a report on Tuesday, January 24th. The Goldman Sachs Group lifted their target price on shares of Union Pacific from $219.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, January 24th. Finally, TD Securities lowered their target price on shares of Union Pacific from $230.00 to $225.00 and set a “hold” rating for the company in a report on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Hold” and a consensus price target of $218.92.

Union Pacific Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.