Focus Partners Advisor Solutions LLC Sells 4,279 Shares of Union Pacific Corporation $UNP

Key Points

• Focus Partners Advisor Solutions LLC reduced its stake in Union Pacific Corporation (UNP) by 19.3%, selling 4,279 shares, and now holds 17,844 shares valued at approximately $4.2 million.
• Union Pacific Corporation reported a net income of $3.03 per share for the last quarter, surpassing analysts' expectations of $2.84, with a revenue of $6.15 billion.
• The company announced a quarterly dividend increase to $1.38 per share, up from $1.34, with a current dividend yield of 2.5%.

Focus Partners Advisor Solutions LLC decreased its position in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 19.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,844 shares of the railroad operator's stock after selling 4,279 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Union Pacific were worth $4,216,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in shares of Union Pacific during the first quarter valued at about $988,822,000. GAMMA Investing LLC raised its position in shares of Union Pacific by 27,502.8% during the first quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator's stock valued at $588,510,000 after buying an additional 2,482,126 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Union Pacific by 35.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator's stock valued at $1,133,053,000 after buying an additional 1,294,643 shares during the last quarter. Castlekeep Investment Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at about $273,361,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Union Pacific by 29.8% during the first quarter. Goldman Sachs Group Inc. now owns 3,699,109 shares of the railroad operator's stock valued at $873,878,000 after buying an additional 850,025 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Union Pacific stock traded down $2.72 during trading hours on Friday, hitting $220.34. 4,001,761 shares of the stock were exchanged, compared to its average volume of 4,119,977. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The stock has a market capitalization of $130.67 billion, a P/E ratio of 19.14, a P/E/G ratio of 2.17 and a beta of 1.03. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $256.84. The business's 50-day moving average is $226.40 and its two-hundred day moving average is $227.09.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.19. The firm had revenue of $6.15 billion for the quarter, compared to analysts' expectations of $6.09 billion. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.74 earnings per share. Equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid a dividend of $1.38 per share. This is a positive change from Union Pacific's previous quarterly dividend of $1.34. This represents a $5.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's payout ratio is currently 47.96%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UNP shares. Citigroup lowered shares of Union Pacific from a "strong-buy" rating to a "hold" rating and cut their price objective for the company from $270.00 to $250.00 in a research report on Wednesday, July 30th. Morgan Stanley lowered their target price on shares of Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research note on Monday, July 7th. Royal Bank Of Canada upped their target price on shares of Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Jefferies Financial Group raised shares of Union Pacific from a "hold" rating to a "buy" rating and upped their target price for the company from $250.00 to $285.00 in a research note on Friday, July 25th. Finally, Bank of America upped their target price on shares of Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $258.21.

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.