Choreo LLC Decreases Stock Position in Union Pacific Co. (NYSE:UNP)

Choreo LLC trimmed its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,693 shares of the railroad operator’s stock after selling 399 shares during the period. Choreo LLC’s holdings in Union Pacific were worth $4,591,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. BluePath Capital Management LLC purchased a new position in Union Pacific in the 3rd quarter worth about $25,000. Valued Wealth Advisors LLC purchased a new position in shares of Union Pacific during the fourth quarter valued at approximately $28,000. Stuart Chaussee & Associates Inc. bought a new position in Union Pacific during the fourth quarter valued at approximately $36,000. Fortitude Family Office LLC bought a new stake in Union Pacific in the 4th quarter worth approximately $44,000. Finally, Hexagon Capital Partners LLC raised its stake in Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after buying an additional 101 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Down 0.7 %

NYSE UNP opened at $240.98 on Tuesday. Union Pacific Co. has a 12 month low of $190.71 and a 12 month high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock has a market cap of $147.03 billion, a PE ratio of 22.99, a P/E/G ratio of 2.61 and a beta of 1.07. The stock’s 50 day moving average is $244.15 and its 200 day moving average is $235.56.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, topping the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.67 earnings per share. Research analysts predict that Union Pacific Co. will post 11.08 EPS for the current fiscal year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.16%. Union Pacific’s payout ratio is 49.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on UNP shares. JPMorgan Chase & Co. raised their price target on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Jefferies Financial Group started coverage on Union Pacific in a research note on Monday, April 8th. They set a “hold” rating and a $250.00 price target for the company. Morgan Stanley upped their price target on shares of Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday. Susquehanna boosted their target price on shares of Union Pacific from $255.00 to $270.00 and gave the company a “neutral” rating in a research report on Friday. Finally, TD Cowen increased their price target on shares of Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.78.

Insider Transactions at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.26% of the company’s stock.

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.