Pin Oak Investment Advisors Inc. Sells 300 Shares of Union Pacific Co. (NYSE:UNP)

Pin Oak Investment Advisors Inc. lessened its stake in Union Pacific Co. (NYSE:UNP) by 30.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 675 shares of the railroad operator’s stock after selling 300 shares during the period. Pin Oak Investment Advisors Inc.’s holdings in Union Pacific were worth $166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the second quarter worth $28,000. Financial Gravity Asset Management Inc. lifted its holdings in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock valued at $30,000 after purchasing an additional 130 shares during the last quarter. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the 3rd quarter worth $30,000. Finally, Fairscale Capital LLC purchased a new stake in shares of Union Pacific during the second quarter worth about $31,000. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on UNP shares. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Citigroup boosted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $245.23 on Thursday. The firm has a market cap of $148.67 billion, a PE ratio of 22.52, a P/E/G ratio of 2.47 and a beta of 1.06. The business has a 50-day moving average price of $240.19 and a 200 day moving average price of $238.51. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter last year, the firm earned $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio is currently 49.22%.

Union Pacific Company Profile

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.