Yousif Capital Management LLC Trims Stock Holdings in Union Pacific Corporation $UNP

Yousif Capital Management LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 0.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,526 shares of the railroad operator’s stock after selling 785 shares during the quarter. Yousif Capital Management LLC’s holdings in Union Pacific were worth $19,448,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Highline Wealth Partners LLC increased its holdings in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC increased its holdings in Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares during the period. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific during the 1st quarter worth $32,000. WPG Advisers LLC purchased a new position in Union Pacific during the 1st quarter worth $33,000. Finally, Cornerstone Planning Group LLC increased its holdings in Union Pacific by 50.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator’s stock worth $37,000 after purchasing an additional 56 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Stock Down 2.6%

Union Pacific stock opened at $225.54 on Monday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.65 and a quick ratio of 0.53. The stock has a market capitalization of $133.77 billion, a price-to-earnings ratio of 19.60, a PEG ratio of 2.34 and a beta of 1.07. Union Pacific Corporation has a 1-year low of $204.66 and a 1-year high of $256.84. The business has a fifty day moving average price of $224.45 and a 200-day moving average price of $224.30.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.84 by $0.19. The firm had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.74 EPS. Equities research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, August 29th. This is a positive change from Union Pacific’s previous quarterly dividend of $1.34. Union Pacific’s payout ratio is 47.96%.

Analysts Set New Price Targets

Several research analysts have commented on the company. Jefferies Financial Group upgraded Union Pacific from a “hold” rating to a “buy” rating and raised their price objective for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Union Pacific in a research report on Wednesday, October 8th. Morgan Stanley dropped their target price on Union Pacific from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Monday, July 7th. BMO Capital Markets increased their target price on Union Pacific from $270.00 to $277.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Finally, UBS Group set a $253.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $261.08.

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.