Atomi Financial Group Inc. Sells 97 Shares of Union Pacific Co. (NYSE:UNP)

Atomi Financial Group Inc. cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, HoldingsChannel reports. The fund owned 10,248 shares of the railroad operator’s stock after selling 97 shares during the quarter. Atomi Financial Group Inc.’s holdings in Union Pacific were worth $2,337,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. grew its position in shares of Union Pacific by 25.5% in the 2nd quarter. Pacer Advisors Inc. now owns 52,344 shares of the railroad operator’s stock worth $11,843,000 after buying an additional 10,646 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Union Pacific by 13.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 120,394 shares of the railroad operator’s stock worth $27,240,000 after acquiring an additional 14,388 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Union Pacific by 179.9% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,427 shares of the railroad operator’s stock worth $1,907,000 after purchasing an additional 5,416 shares in the last quarter. ProShare Advisors LLC increased its stake in Union Pacific by 117.1% during the 2nd quarter. ProShare Advisors LLC now owns 169,378 shares of the railroad operator’s stock valued at $38,323,000 after purchasing an additional 91,361 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in Union Pacific in the 2nd quarter valued at approximately $31,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Down 0.4 %

Shares of UNP stock opened at $233.99 on Tuesday. The company has a market cap of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock’s 50 day simple moving average is $233.67 and its two-hundred day simple moving average is $239.10. 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 released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.51 EPS. Research analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UNP. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Citigroup boosted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Finally, 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. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

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.