Slow Capital Inc. Sells 281 Shares of Union Pacific Corporation $UNP

Slow Capital Inc. lowered its position in shares of Union Pacific Corporation (NYSE:UNP) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,248 shares of the railroad operator’s stock after selling 281 shares during the period. Slow Capital Inc.’s holdings in Union Pacific were worth $2,818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. KLP Kapitalforvaltning AS boosted its position in shares of Union Pacific by 4.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 217,964 shares of the railroad operator’s stock valued at $50,149,000 after acquiring an additional 8,800 shares during the last quarter. Seamount Financial Group Inc. grew its position in Union Pacific by 120.7% in the second quarter. Seamount Financial Group Inc. now owns 3,991 shares of the railroad operator’s stock worth $918,000 after acquiring an additional 2,183 shares in the last quarter. SteelPeak Wealth LLC raised its position in Union Pacific by 5.8% during the second quarter. SteelPeak Wealth LLC now owns 2,287 shares of the railroad operator’s stock valued at $526,000 after purchasing an additional 125 shares in the last quarter. Drake & Associates LLC boosted its holdings in shares of Union Pacific by 9.9% in the 2nd quarter. Drake & Associates LLC now owns 1,046 shares of the railroad operator’s stock worth $241,000 after purchasing an additional 94 shares in the last quarter. Finally, Heck Capital Advisors LLC increased its position in shares of Union Pacific by 7.8% during the 2nd quarter. Heck Capital Advisors LLC now owns 2,245 shares of the railroad operator’s stock valued at $517,000 after purchasing an additional 163 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Trading Up 0.2%

Shares of Union Pacific stock opened at $237.33 on Tuesday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The company has a fifty day moving average of $223.83 and a 200 day moving average of $224.46. The company has a market capitalization of $140.77 billion, a P/E ratio of 20.62, a P/E/G ratio of 2.47 and a beta of 1.07. Union Pacific Corporation has a fifty-two week low of $204.66 and a fifty-two week high of $256.84.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter last year, the company earned $2.74 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were issued a $1.38 dividend. The ex-dividend date was Friday, August 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. This is an increase from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is presently 47.96%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Susquehanna reaffirmed a “positive” rating and issued a $272.00 price objective (up previously from $257.00) on shares of Union Pacific in a research note on Thursday, September 25th. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, July 15th. Sanford C. Bernstein boosted their price objective on shares of Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, Wells Fargo & Company increased their price objective on shares of Union Pacific from $250.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.54.

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.