Union Pacific Co. (NYSE:UNP) Position Reduced by Skylands Capital LLC

Skylands Capital LLC reduced its position in Union Pacific Co. (NYSE:UNP - Free Report) by 14.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 220,375 shares of the railroad operator's stock after selling 36,175 shares during the quarter. Union Pacific comprises about 8.0% of Skylands Capital LLC's portfolio, making the stock its largest position. Skylands Capital LLC's holdings in Union Pacific were worth $54,129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in UNP. BluePath Capital Management LLC acquired a new stake in Union Pacific in the third quarter valued at about $25,000. Valued Wealth Advisors LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of Union Pacific during the 4th quarter valued at approximately $36,000. Fortitude Family Office LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $44,000. Finally, Hexagon Capital Partners LLC lifted its stake in Union Pacific by 48.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator's stock valued at $63,000 after purchasing an additional 101 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the firm's stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the sale, the president now directly owns 56,682 shares of the company's stock, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.26% of the company's stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent research reports. UBS Group raised their price objective on Union Pacific from $235.00 to $248.00 and gave the company a "neutral" rating in a report on Friday, January 26th. Sanford C. Bernstein raised Union Pacific from a "market perform" rating to an "outperform" rating and set a $280.00 price objective for the company in a research note on Monday, January 22nd. The Goldman Sachs Group lifted their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a "buy" rating in a research report on Thursday, April 11th. Evercore ISI boosted their price objective on shares of Union Pacific from $271.00 to $273.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, Raymond James reissued a "strong-buy" rating and issued a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a research note on Friday. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and a consensus target price of $258.78.

Union Pacific Stock Down 0.7 %

Shares of UNP stock traded down $1.81 during trading hours on Monday, reaching $240.98. The company had a trading volume of 1,730,332 shares, compared to its average volume of 2,324,740. The company has a market cap of $147.03 billion, a price-to-earnings ratio of 23.17, a price-to-earnings-growth ratio of 2.61 and a beta of 1.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. Union Pacific Co. has a 12 month low of $190.71 and a 12 month high of $258.66. The business has a fifty day simple moving average of $244.27 and a 200-day simple moving average of $235.33.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.67 EPS. On average, research analysts expect that Union Pacific Co. will post 11.08 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.16%. Union Pacific's dividend payout ratio is currently 49.62%.

About Union Pacific

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.