Quadrant Capital Group LLC Sells 1,897 Shares of Union Pacific Corporation $UNP

Quadrant Capital Group LLC decreased its position in shares of Union Pacific Corporation (NYSE:UNP) by 6.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,252 shares of the railroad operator’s stock after selling 1,897 shares during the quarter. Quadrant Capital Group LLC’s holdings in Union Pacific were worth $6,073,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in UNP. Acadian Asset Management LLC grew its position in shares of Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock worth $546,000 after buying an additional 665 shares in the last quarter. Schnieders Capital Management LLC. grew its position in shares of Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after buying an additional 102 shares in the last quarter. Main Street Financial Solutions LLC grew its position in shares of Union Pacific by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after buying an additional 58 shares in the last quarter. HUB Investment Partners LLC grew its position in shares of Union Pacific by 10.0% during the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock worth $1,401,000 after buying an additional 554 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Union Pacific by 7.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock worth $351,660,000 after buying an additional 105,664 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of UNP stock opened at $272.37 on Friday. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $279.70. The stock’s 50-day moving average is $262.23 and its 200 day moving average is $248.69. The company has a market cap of $161.71 billion, a P/E ratio of 22.44, a PEG ratio of 2.84 and a beta of 0.97. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The company had revenue of $6.22 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same period last year, the business posted $2.70 earnings per share. The firm’s revenue was up 3.2% compared to the same quarter last year. Research analysts predict that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be paid a $1.38 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.52 dividend on an annualized basis and a yield of 2.0%. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total value of $549,400.00. Following the completion of the sale, the chief financial officer directly owned 114,642 shares in the company, valued at approximately $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 34,377 shares of company stock worth $9,251,221. 0.22% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on UNP shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and set a $277.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. JPMorgan Chase & Co. raised their price objective on Union Pacific from $267.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Raymond James Financial set a $310.00 price objective on Union Pacific in a research report on Friday, April 24th. Finally, Citigroup reaffirmed a “buy” rating and set a $307.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $282.21.

Union Pacific Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.