Union Pacific Co. (NYSE:UNP) Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 0.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 108,505 shares of the railroad operator’s stock after selling 931 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Union Pacific were worth $26,744,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of UNP. Benjamin Edwards Inc. lifted its holdings in shares of Union Pacific by 940.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 25,529 shares of the railroad operator’s stock worth $6,297,000 after purchasing an additional 23,076 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Union Pacific in the third quarter worth about $1,289,000. Kestra Investment Management LLC acquired a new stake in Union Pacific in the third quarter worth about $923,000. Point72 Hong Kong Ltd bought a new position in Union Pacific in the 3rd quarter valued at about $16,751,000. Finally, FSA Wealth Management LLC acquired a new position in Union Pacific during the 3rd quarter valued at about $277,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.2 %

NYSE UNP opened at $244.66 on Monday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock’s 50 day moving average is $240.12 and its two-hundred day moving average is $238.45. The company has a market capitalization of $148.33 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.42 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.51 EPS. Equities analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be given a dividend of $1.34 per share. The ex-dividend date is Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.19%. Union Pacific’s payout ratio is presently 49.22%.

Analysts Set New Price Targets

UNP has been the subject of several recent analyst reports. TD Cowen decreased their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Bank of America lowered their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Stifel Nicolaus cut their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

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.