Schoolcraft Capital LLC Sells 403 Shares of Union Pacific Co. (NYSE:UNP)

Schoolcraft Capital LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 5.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 6,699 shares of the railroad operator’s stock after selling 403 shares during the quarter. Schoolcraft Capital LLC’s holdings in Union Pacific were worth $1,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Norges Bank acquired a new position in shares of Union Pacific in the fourth quarter valued at approximately $1,927,377,000. Raymond James Financial Inc. acquired a new position in shares of Union Pacific in the fourth quarter valued at approximately $1,035,905,000. GAMMA Investing LLC grew its position in shares of Union Pacific by 27,502.8% in the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock valued at $588,510,000 after purchasing an additional 2,482,126 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator’s stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the last quarter. Finally, Capital Research Global Investors grew its position in shares of Union Pacific by 14.3% in the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of analyst reports. UBS Group reduced their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They set a “buy” rating and a $295.00 price target on the stock. The Goldman Sachs Group reissued a “neutral” rating and set a $263.00 price target on shares of Union Pacific in a research report on Monday, June 2nd. Argus raised Union Pacific to a “strong-buy” rating in a research report on Friday, May 16th. Finally, Stifel Nicolaus reduced their price target on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.74.

Union Pacific Stock Down 0.2%

NYSE UNP opened at $225.30 on Friday. The business has a fifty day moving average price of $220.59 and a two-hundred day moving average price of $231.80. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a market capitalization of $134.61 billion, a PE ratio of 20.32, a PEG ratio of 2.15 and a beta of 1.05.

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

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s payout ratio is 48.29%.

About Union Pacific

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.