Resolution Capital Ltd Sells 5,890 Shares of Union Pacific Co. (NYSE:UNP)

Resolution Capital Ltd decreased its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 29.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,280 shares of the railroad operator's stock after selling 5,890 shares during the quarter. Resolution Capital Ltd's holdings in Union Pacific were worth $3,256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UNP. Wynn Capital LLC lifted its holdings in shares of Union Pacific by 7.2% in the fourth quarter. Wynn Capital LLC now owns 966 shares of the railroad operator's stock worth $220,000 after acquiring an additional 65 shares during the last quarter. SeaCrest Wealth Management LLC lifted its holdings in shares of Union Pacific by 5.3% in the fourth quarter. SeaCrest Wealth Management LLC now owns 2,306 shares of the railroad operator's stock worth $526,000 after acquiring an additional 117 shares during the last quarter. Pines Wealth Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $588,000. R.H. Investment Group LLC bought a new position in Union Pacific in the 4th quarter valued at approximately $3,813,000. Finally, Community Trust & Investment Co. raised its holdings in Union Pacific by 3.0% in the 4th quarter. Community Trust & Investment Co. now owns 16,250 shares of the railroad operator's stock valued at $3,706,000 after buying an additional 469 shares during the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.2%

NYSE UNP traded up $0.50 during mid-day trading on Friday, hitting $231.35. The company's stock had a trading volume of 2,006,785 shares, compared to its average volume of 2,644,216. The company's 50 day simple moving average is $224.16 and its 200 day simple moving average is $233.68. Union Pacific Co. has a twelve month low of $204.66 and a twelve month high of $258.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $138.22 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 2.15 and a beta of 1.07.

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 (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the business posted $2.69 EPS. The business's revenue for the quarter was down .1% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.32%. The ex-dividend date is Friday, May 30th. Union Pacific's payout ratio is currently 48.29%.

Analysts Set New Price Targets

UNP has been the subject of a number of research reports. Jefferies Financial Group dropped their price objective on shares of Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a report on Wednesday, April 16th. Robert W. Baird raised their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Wells Fargo & Company dropped their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Finally, Susquehanna dropped their price objective on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $257.50.

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.