CoreCap Advisors LLC Sells 5,814 Shares of Union Pacific Co. (NYSE:UNP)

CoreCap Advisors LLC decreased its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 37.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,756 shares of the railroad operator's stock after selling 5,814 shares during the period. CoreCap Advisors LLC's holdings in Union Pacific were worth $2,225,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. abrdn plc increased its position in Union Pacific by 9.3% in the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock valued at $44,348,000 after acquiring an additional 4,939 shares during the period. Border to Coast Pensions Partnership Ltd increased its position in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Pinnbrook Capital Management LP acquired a new position in shares of Union Pacific during the 4th quarter valued at $3,954,000. Finally, Traveka Wealth LLC increased its position in shares of Union Pacific by 236.6% during the 4th quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock valued at $1,041,000 after purchasing an additional 3,210 shares during the period. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

NYSE UNP traded down $1.79 during trading hours on Tuesday, reaching $229.08. 1,309,221 shares of the company's stock were exchanged, compared to its average volume of 2,617,457. The stock has a market cap of $136.87 billion, a PE ratio of 20.66, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. The firm has a fifty day moving average of $225.41 and a 200-day moving average of $233.76. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business's revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the company earned $2.69 EPS. On average, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have recently issued reports on UNP. TD Cowen lifted their price target on Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Wells Fargo & Company lowered their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Loop Capital cut Union Pacific from a "hold" rating to a "sell" rating and lowered their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. UBS Group lowered their price target on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.86.

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.