New Century Financial Group LLC Sells 565 Shares of Union Pacific Co. (NYSE:UNP)

New Century Financial Group LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,749 shares of the railroad operator’s stock after selling 565 shares during the period. New Century Financial Group LLC’s holdings in Union Pacific were worth $636,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the second quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific in the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Dunhill Financial LLC lifted its holdings in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific during the third quarter worth about $32,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 5.1 %

Shares of UNP stock opened at $247.83 on Friday. The business has a 50-day moving average price of $233.54 and a two-hundred day moving average price of $239.16. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The firm has a market cap of $150.25 billion, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the prior year, the business posted $2.71 earnings per share. Equities analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UNP. Royal Bank of Canada cut their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Wells Fargo & Company cut their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Robert W. Baird decreased their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Benchmark reiterated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company 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.