Dark Forest Capital Management LP Sells 1,565 Shares of Union Pacific Co. (NYSE:UNP)

Dark Forest Capital Management LP decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 61.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 999 shares of the railroad operator’s stock after selling 1,565 shares during the period. Dark Forest Capital Management LP’s holdings in Union Pacific were worth $228,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in UNP. Compass Financial Services Inc bought a new stake in shares of Union Pacific during the 4th quarter worth approximately $25,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the fourth quarter valued at $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter valued at about $31,000. PrairieView Partners LLC acquired a new position in shares of Union Pacific during the 4th quarter worth about $34,000. Finally, Strategic Investment Solutions Inc. IL raised its holdings 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. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a report on Friday, March 7th. They set a “buy” rating and a $295.00 target price on the stock. Stephens cut their target price on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating for the company in a research note on Monday. Stifel Nicolaus reduced their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a report on Monday, April 14th. Barclays lowered their target price on Union Pacific from $285.00 to $260.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Finally, Jefferies Financial Group reduced their price target on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $257.86.

Union Pacific Stock Up 0.9 %

UNP opened at $214.53 on Wednesday. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company’s 50-day moving average is $230.32 and its 200 day moving average is $235.28. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market capitalization of $128.57 billion, a P/E ratio of 19.34, a PEG ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter last year, the business posted $2.69 EPS. The business’s quarterly revenue was down .1% on a year-over-year basis. Research analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a yield of 2.50%. Union Pacific’s dividend payout ratio (DPR) is presently 48.29%.

Union Pacific 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.