Union Pacific Co. (UNP) Stake Lowered by East Coast Asset Management LLC.

East Coast Asset Management LLC. lessened its position in Union Pacific Co. (NYSE:UNP) by 24.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,850 shares of the railroad operator’s stock after selling 3,849 shares during the period. East Coast Asset Management LLC.’s holdings in Union Pacific were worth $1,589,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Union Pacific by 84.6% in the 2nd quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Union Pacific by 990.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,243,574 shares of the railroad operator’s stock valued at $244,339,000 after purchasing an additional 2,037,834 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of Union Pacific by 88.7% in the 2nd quarter. Voya Investment Management LLC now owns 4,060,423 shares of the railroad operator’s stock valued at $442,221,000 after purchasing an additional 1,908,175 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Union Pacific by 88.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,558,005 shares of the railroad operator’s stock valued at $412,622,000 after purchasing an additional 1,670,095 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Union Pacific by 290.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,187,401 shares of the railroad operator’s stock valued at $238,230,000 after purchasing an additional 1,627,453 shares in the last quarter. Institutional investors own 79.90% of the company’s stock.

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Shares of UNP stock opened at $131.94 on Friday. The company has a market cap of $107,980.50, a PE ratio of 9.76, a PEG ratio of 1.71 and a beta of 0.83. Union Pacific Co. has a twelve month low of $101.06 and a twelve month high of $143.05. The company has a current ratio of 1.02, a quick ratio of 0.83 and a debt-to-equity ratio of 0.65.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The firm had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.39 earnings per share. research analysts predict that Union Pacific Co. will post 7.59 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Tuesday, February 27th. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.21%. Union Pacific’s payout ratio is 21.60%.

In related news, CFO Robert M. Knight, Jr. sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $137.39, for a total value of $3,434,750.00. Following the sale, the chief financial officer now directly owns 106,518 shares of the company’s stock, valued at $14,634,508.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

A number of equities analysts have recently issued reports on UNP shares. UBS upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. BMO Capital Markets restated a “buy” rating and set a $150.00 target price on shares of Union Pacific in a report on Monday, January 8th. Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Wednesday, February 14th. Zacks Investment Research upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 target price for the company in a report on Monday, January 15th. Finally, Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the company. Union Pacific presently has a consensus rating of “Hold” and an average target price of $133.70.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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