Woodstock Corp Reduces Stock Holdings in Union Pacific Co. (NYSE:UNP)

Woodstock Corp lowered its position in Union Pacific Co. (NYSE:UNP) by 5.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,672 shares of the railroad operator’s stock after selling 100 shares during the quarter. Woodstock Corp’s holdings in Union Pacific were worth $412,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Forum Financial Management LP increased its holdings in shares of Union Pacific by 0.6% during the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock valued at $1,731,000 after acquiring an additional 41 shares during the last quarter. Fairhaven Wealth Management LLC increased its holdings in shares of Union Pacific by 1.7% during the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares during the last quarter. Chesapeake Wealth Management increased its holdings in shares of Union Pacific by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the last quarter. Elevated Capital Advisors LLC increased its holdings in shares of Union Pacific by 3.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,269 shares of the railroad operator’s stock valued at $312,000 after acquiring an additional 44 shares during the last quarter. Finally, Fortis Capital Advisors LLC increased its holdings in shares of Union Pacific by 5.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock valued at $225,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now directly owns 64,945 shares of the company’s stock, valued at approximately $16,014,787.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific Trading Up 1.5 %

Shares of UNP opened at $242.31 on Monday. The company has a market cap of $147.62 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 2.21 and a beta of 1.05. Union Pacific Co. has a 52-week low of $199.97 and a 52-week high of $258.66. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05. The stock has a fifty day moving average price of $245.67 and a two-hundred day moving average price of $238.55.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The company had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same quarter in the previous year, the company posted $2.57 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. Analysts predict that Union Pacific Co. will post 11.06 EPS for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, August 30th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, August 30th. This is a boost from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific’s payout ratio is 50.33%.

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of analyst reports. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. Citigroup initiated coverage on Union Pacific in a report on Wednesday, October 9th. They issued a “neutral” rating and a $264.00 target price on the stock. Barclays lowered their target price on Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. Loop Capital lowered Union Pacific from a “buy” rating to a “hold” rating and lowered their target price for the company from $276.00 to $238.00 in a report on Monday, June 17th. Finally, Stifel Nicolaus decreased their price objective on Union Pacific from $267.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $259.50.

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.