Avior Wealth Management LLC Trims Position in Union Pacific Co. (NYSE:UNP)

Avior Wealth Management LLC cut its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,837 shares of the railroad operator’s stock after selling 1,254 shares during the period. Avior Wealth Management LLC’s holdings in Union Pacific were worth $9,313,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter worth approximately $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. increased its stake in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the last quarter. Dunhill Financial LLC raised its position in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 68 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Union Pacific in the 3rd quarter worth about $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on UNP shares. Raymond James raised their price objective on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a report on Friday, January 10th. Susquehanna decreased their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Sanford C. Bernstein cut their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Citigroup lifted their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Finally, Benchmark restated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Price Performance

Shares of NYSE UNP opened at $235.77 on Thursday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company’s 50-day moving average is $233.54 and its 200 day moving average is $239.16. The stock has a market capitalization of $142.94 billion, a P/E ratio of 21.65, a P/E/G ratio of 2.13 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.51 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

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.