Orser Capital Management LLC Cuts Position in Union Pacific Co. (NYSE:UNP)

Orser Capital Management LLC reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,303 shares of the railroad operator’s stock after selling 279 shares during the period. Union Pacific comprises 1.6% of Orser Capital Management LLC’s investment portfolio, making the stock its 19th largest holding. Orser Capital Management LLC’s holdings in Union Pacific were worth $2,121,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. One Capital Management LLC purchased a new position in Union Pacific in the 2nd quarter worth approximately $208,000. Perennial Investment Advisors LLC boosted its stake in shares of Union Pacific by 6.0% in the second quarter. Perennial Investment Advisors LLC now owns 2,637 shares of the railroad operator’s stock valued at $597,000 after purchasing an additional 149 shares during the period. Axxcess Wealth Management LLC grew its holdings in Union Pacific by 0.8% during the 2nd quarter. Axxcess Wealth Management LLC now owns 16,952 shares of the railroad operator’s stock valued at $3,836,000 after purchasing an additional 136 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in Union Pacific by 3.6% during the 2nd quarter. Mutual of America Capital Management LLC now owns 88,347 shares of the railroad operator’s stock worth $19,989,000 after buying an additional 3,084 shares during the period. Finally, Meiji Yasuda Life Insurance Co lifted its holdings in Union Pacific by 12.8% in the 2nd quarter. Meiji Yasuda Life Insurance Co now owns 29,550 shares of the railroad operator’s stock worth $6,686,000 after buying an additional 3,345 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.7 %

NYSE:UNP opened at $231.00 on Thursday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The business has a 50 day simple moving average of $234.49 and a 200 day simple moving average of $238.87. The firm has a market capitalization of $140.05 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the firm posted $2.51 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 10.95 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. Union Pacific’s payout ratio is currently 49.22%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on UNP. Robert W. Baird lowered their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Royal Bank of Canada lowered their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Raymond James upped their target price on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research report on Friday, January 10th. Barclays raised their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Finally, Sanford C. Bernstein cut their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Nine 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 stock currently has an average rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific 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.