Harrell Investment Partners LLC Sells 315 Shares of Union Pacific Co. (NYSE:UNP)

Harrell Investment Partners LLC cut its holdings in Union Pacific Co. (NYSE:UNP) by 2.2% during the fourth quarter, HoldingsChannel reports. The firm owned 13,812 shares of the railroad operator’s stock after selling 315 shares during the period. Harrell Investment Partners LLC’s holdings in Union Pacific were worth $3,150,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in UNP. International Assets Investment Management LLC grew its position in Union Pacific by 19,878.6% during the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after buying an additional 891,555 shares in the last quarter. Franklin Resources Inc. grew its position in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares in the last quarter. Impax Asset Management Group plc grew its position in Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after buying an additional 520,536 shares in the last quarter. Jennison Associates LLC grew its position in Union Pacific by 170.9% during the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after buying an additional 464,477 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Union Pacific by 35.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,226,100 shares of the railroad operator’s stock worth $279,600,000 after buying an additional 323,525 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Union Pacific Stock Performance

UNP stock opened at $248.94 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The company has a 50 day moving average price of $234.05 and a 200 day moving average price of $239.40. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The stock has a market capitalization of $150.92 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm posted $2.71 earnings per share. Analysts forecast that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. BMO Capital Markets lifted their target price on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday. Robert W. Baird lifted their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday. Stifel Nicolaus lifted their target price on Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company decreased their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, Guggenheim lifted their price objective on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a report on Friday. Nine research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $262.57.

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.