World Asset Management Inc decreased its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.4% in the third quarter, Holdings Channel.com reports. The fund owned 23,156 shares of the railroad operator’s stock after selling 817 shares during the period. World Asset Management Inc’s holdings in Union Pacific were worth $4,559,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. LexAurum Advisors LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $254,000. D. B. Root & Company LLC lifted its stake in Union Pacific by 32.0% in the third quarter. D. B. Root & Company LLC now owns 1,628 shares of the railroad operator’s stock worth $320,000 after purchasing an additional 395 shares during the last quarter. Vision Capital Management Inc. purchased a new position in shares of Union Pacific during the third quarter valued at approximately $220,000. Country Club Trust Company n.a. grew its stake in shares of Union Pacific by 6.8% during the third quarter. Country Club Trust Company n.a. now owns 12,437 shares of the railroad operator’s stock valued at $2,449,000 after buying an additional 790 shares during the last quarter. Finally, Spreng Capital Management Inc. raised its holdings in shares of Union Pacific by 1.9% in the third quarter. Spreng Capital Management Inc. now owns 6,272 shares of the railroad operator’s stock worth $1,235,000 after buying an additional 115 shares during the period. Institutional investors and hedge funds own 78.16% of the company’s stock.

In other news, VP Todd M. Rynaski sold 1,500 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $190.46, for a total transaction of $285,690.00. Following the completion of the sale, the vice president now owns 10,550 shares in the company, valued at approximately $2,009,353. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Elizabeth F. Whited sold 5,376 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $195.51, for a total value of $1,051,061.76. Following the completion of the sale, the executive vice president now directly owns 62,558 shares of the company’s stock, valued at approximately $12,230,714.58. The disclosure for this sale can be found here. Insiders sold a total of 7,876 shares of company stock worth $1,530,542 over the last 90 days. Company insiders own 0.20% of the company’s stock.

UNP has been the subject of a number of recent analyst reports. Credit Suisse Group dropped their price objective on Union Pacific from $225.00 to $223.00 and set an “outperform” rating for the company in a report on Friday. Goldman Sachs Group lifted their target price on Union Pacific from $182.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. Bank of America upped their price target on shares of Union Pacific from $198.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Barclays lifted their price objective on shares of Union Pacific from $165.00 to $170.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Morgan Stanley boosted their price objective on shares of Union Pacific from $135.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday, October 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $184.63.

NYSE UNP traded up $1.00 during midday trading on Friday, hitting $188.14. 3,897,066 shares of the company traded hands, compared to its average volume of 2,414,674. Union Pacific Co. has a 52 week low of $105.08 and a 52 week high of $210.95. The company’s 50-day simple moving average is $199.04 and its 200-day simple moving average is $176.92. The company has a market cap of $127.72 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.96 and a quick ratio of 0.84.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $2.01 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.05). Union Pacific had a return on equity of 32.45% and a net margin of 27.54%. The company had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $4.97 billion. During the same quarter last year, the company earned $2.22 earnings per share. The company’s revenue for the quarter was down 10.8% compared to the same quarter last year. On average, research analysts predict that Union Pacific Co. will post 7.93 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st were given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend was Friday, August 28th. Union Pacific’s payout ratio is 46.30%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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

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