SMART Wealth LLC Sells 287 Shares of Union Pacific Co. (NYSE:UNP)

SMART Wealth LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 7.2% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,707 shares of the railroad operator’s stock after selling 287 shares during the period. SMART Wealth LLC’s holdings in Union Pacific were worth $914,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Pallas Capital Advisors LLC raised its stake in shares of Union Pacific by 24.1% during the 2nd quarter. Pallas Capital Advisors LLC now owns 1,637 shares of the railroad operator’s stock worth $398,000 after purchasing an additional 318 shares in the last quarter. Hobbs Group Advisors LLC bought a new stake in shares of Union Pacific during the 2nd quarter worth approximately $42,000. Focus Financial Network Inc. raised its stake in shares of Union Pacific by 9.9% during the 2nd quarter. Focus Financial Network Inc. now owns 8,711 shares of the railroad operator’s stock worth $2,125,000 after purchasing an additional 782 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Union Pacific by 31.9% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 13,002 shares of the railroad operator’s stock worth $2,942,000 after acquiring an additional 3,142 shares during the last quarter. Finally, Investment House LLC increased its holdings in shares of Union Pacific by 0.8% during the 2nd quarter. Investment House LLC now owns 54,294 shares of the railroad operator’s stock worth $12,284,000 after acquiring an additional 448 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP opened at $234.98 on Monday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a market cap of $142.46 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 2.33 and a beta of 1.05. The business’s fifty day moving average is $238.39 and its 200-day moving average is $238.44.

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

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be given a dividend of $1.34 per share. The ex-dividend date of this dividend is Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. Union Pacific’s dividend payout ratio is currently 49.22%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on UNP. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Sanford C. Bernstein decreased their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Robert W. Baird decreased their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Raymond James boosted their target price on Union Pacific from $265.00 to $275.00 and gave the stock a “strong-buy” rating in a report on Monday, October 14th. Finally, JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus price target of $259.80.

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.