Union Pacific Co. (NYSE:UNP) Shares Sold by Voloridge Investment Management LLC

Voloridge Investment Management LLC lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 24.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 351,650 shares of the railroad operator’s stock after selling 112,284 shares during the quarter. Voloridge Investment Management LLC’s holdings in Union Pacific were worth $80,190,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Worldquant Millennium Advisors LLC lifted its stake in shares of Union Pacific by 9.4% in the 4th quarter. Worldquant Millennium Advisors LLC now owns 203,074 shares of the railroad operator’s stock valued at $46,309,000 after purchasing an additional 17,403 shares during the last quarter. Waverly Advisors LLC lifted its stake in shares of Union Pacific by 16.6% in the 4th quarter. Waverly Advisors LLC now owns 25,356 shares of the railroad operator’s stock valued at $5,782,000 after purchasing an additional 3,606 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Union Pacific by 75.9% in the 4th quarter. Woodline Partners LP now owns 80,349 shares of the railroad operator’s stock valued at $18,323,000 after purchasing an additional 34,658 shares during the last quarter. Victrix Investment Advisors acquired a new position in shares of Union Pacific in the 4th quarter valued at $389,000. Finally, Sone Capital Management LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $1,845,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UNP shares. TD Cowen upped their price target on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Guggenheim upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Stephens decreased their price target on Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Jefferies Financial Group decreased their target price on Union Pacific from $255.00 to $230.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Finally, Raymond James reissued a “strong-buy” rating on shares of Union Pacific in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average target price of $257.50.

Union Pacific Price Performance

Shares of NYSE UNP opened at $229.33 on Tuesday. The stock’s 50-day moving average is $224.00 and its two-hundred day moving average is $233.67. 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 1-year low of $204.66 and a 1-year high of $258.07. The company has a market cap of $137.02 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.34%. Union Pacific’s payout ratio is currently 48.29%.

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.