Shorepoint Capital Partners LLC Has $2.59 Million Stake in Union Pacific Co. (NYSE:UNP)

Shorepoint Capital Partners LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,372 shares of the railroad operator’s stock after selling 142 shares during the quarter. Shorepoint Capital Partners LLC’s holdings in Union Pacific were worth $2,593,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UNP. Compass Financial Services Inc acquired a new position in Union Pacific during the 4th quarter valued at about $25,000. Synergy Asset Management LLC acquired a new position in Union Pacific in the fourth quarter valued at approximately $29,000. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth $31,000. PrairieView Partners LLC bought a new stake in shares of Union Pacific during the 4th quarter valued at $34,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after purchasing an additional 45 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

NYSE:UNP opened at $213.35 on Friday. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market capitalization of $127.86 billion, a price-to-earnings ratio of 19.24, a P/E/G ratio of 2.15 and a beta of 1.06. The stock’s 50 day moving average price is $231.67 and its two-hundred day moving average price is $235.66. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.09). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. On average, analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Friday, February 28th. Union Pacific’s payout ratio is 48.29%.

Insider Activity at Union Pacific

In other news, EVP Craig V. Richardson sold 6,495 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $252.00, for a total value of $1,636,740.00. Following the transaction, the executive vice president now owns 26,319 shares of the company’s stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on UNP. Loop Capital downgraded shares of Union Pacific from a “hold” rating to a “sell” rating and lowered their target price for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. UBS Group lowered their price objective on shares of Union Pacific from $255.00 to $245.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Susquehanna reduced their target price on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday. BMO Capital Markets increased their price target on Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Wells Fargo & Company cut their price objective on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $258.00.

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.