Sirios Capital Management L P Cuts Holdings in Union Pacific Co. (NYSE:UNP)

Sirios Capital Management L P trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 15.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,686 shares of the railroad operator's stock after selling 3,371 shares during the quarter. Sirios Capital Management L P's holdings in Union Pacific were worth $4,261,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Symmetry Investments LP lifted its holdings in Union Pacific by 1,610.7% during the 4th quarter. Symmetry Investments LP now owns 157,438 shares of the railroad operator's stock valued at $35,902,000 after buying an additional 148,235 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of Union Pacific by 8.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 38,439 shares of the railroad operator's stock valued at $8,766,000 after acquiring an additional 2,879 shares in the last quarter. MGO One Seven LLC boosted its holdings in shares of Union Pacific by 34.8% in the fourth quarter. MGO One Seven LLC now owns 13,844 shares of the railroad operator's stock valued at $3,157,000 after purchasing an additional 3,575 shares during the period. Pinebridge Investments L.P. grew its stake in Union Pacific by 79.9% in the fourth quarter. Pinebridge Investments L.P. now owns 480,175 shares of the railroad operator's stock worth $109,499,000 after purchasing an additional 213,196 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Union Pacific by 1.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,594,882 shares of the railroad operator's stock worth $1,503,899,000 after purchasing an additional 105,111 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UNP. Barclays lowered their target price on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a report on Friday. Benchmark increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Wells Fargo & Company reduced their price target 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. Robert W. Baird increased their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Finally, TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $257.86.

Union Pacific Stock Performance

Shares of NYSE:UNP traded down $2.02 on Monday, hitting $211.27. 1,113,708 shares of the company were exchanged, compared to its average volume of 2,560,229. 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 stock's 50 day moving average price is $231.67 and its 200 day moving average price is $235.64. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The firm has a market capitalization of $126.62 billion, a P/E ratio of 19.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last issued its earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. Union Pacific's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 EPS. Sell-side analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a dividend of $1.34 per share. The ex-dividend date was Friday, February 28th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.54%. Union Pacific's payout ratio is currently 48.29%.

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.