Quadrature Capital Ltd Sells 35,898 Shares of Union Pacific Co. (NYSE:UNP)

Quadrature Capital Ltd cut its holdings in shares of Union Pacific Co. (NYSE:UNP) by 68.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,670 shares of the railroad operator’s stock after selling 35,898 shares during the period. Quadrature Capital Ltd’s holdings in Union Pacific were worth $4,106,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in UNP. Cultivar Capital Inc. bought a new stake in Union Pacific during the second quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter valued at $28,000. Financial Gravity Asset Management Inc. lifted its stake in shares of Union Pacific by 3,250.0% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after acquiring an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Finally, Fairscale Capital LLC bought a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Trading Down 0.1 %

UNP opened at $234.69 on Friday. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a market capitalization of $142.28 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 2.35 and a beta of 1.05. The business has a 50 day simple moving average of $239.43 and a two-hundred day simple moving average of $238.31. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.51 EPS. Analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. Union Pacific’s payout ratio is currently 49.22%.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of research reports. Susquehanna dropped their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Robert W. Baird decreased their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Daiwa America downgraded Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Company Profile

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.