Union Pacific Corporation $UNP Stock Holdings Lessened by Scharf Investments LLC

Scharf Investments LLC reduced its position in shares of Union Pacific Corporation (NYSE:UNP) by 1.8% in the fourth quarter, Holdings Channel reports. The fund owned 655,996 shares of the railroad operator’s stock after selling 12,096 shares during the quarter. Union Pacific makes up about 4.1% of Scharf Investments LLC’s portfolio, making the stock its 6th biggest position. Scharf Investments LLC’s holdings in Union Pacific were worth $151,748,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UNP. Caitlin John LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth $27,000. Saranac Partners Ltd purchased a new stake in shares of Union Pacific during the 3rd quarter valued at about $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $30,000. Total Investment Management Inc. bought a new position in shares of Union Pacific in the 2nd quarter valued at about $31,000. Finally, Stephens Consulting LLC lifted its holdings in shares of Union Pacific by 48.4% in the 4th quarter. Stephens Consulting LLC now owns 135 shares of the railroad operator’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP stock opened at $242.55 on Wednesday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. The firm has a market cap of $143.93 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 2.61 and a beta of 0.95. The business’s fifty day simple moving average is $248.96 and its two-hundred day simple moving average is $235.56. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Tuesday, January 27th. The railroad operator reported $2.86 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.06). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.15 billion. Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.91 earnings per share. Analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, February 27th. Union Pacific’s dividend payout ratio is currently 46.12%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on UNP shares. Deutsche Bank Aktiengesellschaft set a $245.00 price objective on Union Pacific in a research note on Thursday, December 11th. TD Cowen dropped their target price on Union Pacific from $257.00 to $255.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Tuesday, January 27th. BMO Capital Markets restated a “market perform” rating and set a $295.00 price target on shares of Union Pacific in a report on Thursday, February 19th. Finally, Citigroup restated a “buy” rating and issued a $270.00 price target (up from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $265.18.

About Union Pacific

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two?thirds of the United States.