Capital Asset Advisory Services LLC Reduces Holdings in Union Pacific Co. (NYSE:UNP)

Capital Asset Advisory Services LLC lowered its stake in Union Pacific Co. (NYSE:UNPGet Rating) by 6.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,708 shares of the railroad operator’s stock after selling 116 shares during the period. Capital Asset Advisory Services LLC’s holdings in Union Pacific were worth $430,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $32,000. Moors & Cabot Inc. increased its position in shares of Union Pacific by 20.4% in the 3rd quarter. Moors & Cabot Inc. now owns 30,000 shares of the railroad operator’s stock worth $33,000 after purchasing an additional 5,078 shares during the last quarter. Ahrens Investment Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $36,000. Dixon Hughes Goodman Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 4th quarter worth about $39,000. Finally, AHL Investment Management Inc. bought a new stake in shares of Union Pacific in the 4th quarter worth about $40,000. 77.85% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on UNP. Wells Fargo & Company boosted their price objective on shares of Union Pacific from $249.00 to $276.00 and gave the company an “equal weight” rating in a research report on Monday, January 10th. Citigroup boosted their price objective on shares of Union Pacific from $245.00 to $287.00 in a research report on Wednesday, January 5th. Barclays boosted their price objective on shares of Union Pacific from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, January 14th. Susquehanna boosted their price objective on shares of Union Pacific from $306.00 to $310.00 and gave the company a “positive” rating in a research report on Thursday, April 7th. Finally, Raymond James lowered their price objective on shares of Union Pacific from $285.00 to $280.00 and set a “strong-buy” rating for the company in a research report on Monday. Seven research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific currently has a consensus rating of “Buy” and an average target price of $265.50.

Shares of NYSE:UNP opened at $242.12 on Tuesday. The company has a 50 day moving average of $254.64 and a 200-day moving average of $245.28. The firm has a market cap of $152.15 billion, a P/E ratio of 24.33, a P/E/G ratio of 2.13 and a beta of 1.18. Union Pacific Co. has a twelve month low of $195.68 and a twelve month high of $278.94. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 1.95.

Union Pacific (NYSE:UNPGet Rating) last issued its quarterly earnings results on Thursday, January 20th. The railroad operator reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.06. The company had revenue of $5.73 billion during the quarter, compared to analyst estimates of $5.61 billion. Union Pacific had a net margin of 29.92% and a return on equity of 44.50%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.36 EPS. Equities research analysts forecast that Union Pacific Co. will post 11.54 EPS for the current year.

Union Pacific announced that its board has approved a stock repurchase plan on Thursday, February 3rd that allows the company to buyback 100,000,000 shares. This buyback authorization allows the railroad operator to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, February 28th were paid a $1.18 dividend. This represents a $4.72 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, February 25th. Union Pacific’s dividend payout ratio is currently 47.44%.

Union Pacific Profile (Get Rating)

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Further Reading

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNPGet Rating).

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.