Phoenix Wealth Advisors Cuts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Phoenix Wealth Advisors lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,388 shares of the railroad operator’s stock after selling 370 shares during the quarter. Union Pacific accounts for about 1.1% of Phoenix Wealth Advisors’ portfolio, making the stock its 28th largest position. Phoenix Wealth Advisors’ holdings in Union Pacific were worth $2,597,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the second quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific in the third quarter valued at $30,000. Jamison Private Wealth Management Inc. increased its holdings 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 buying an additional 93 shares during the last quarter. Peterson Financial Group Inc. purchased a new position in Union Pacific in the third quarter valued at $32,000. Finally, Dunhill Financial LLC increased its holdings in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 1.1 %

Shares of Union Pacific stock opened at $236.73 on Wednesday. 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 has a market capitalization of $143.52 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.11 and a beta of 1.06. The business has a 50 day moving average price of $233.63 and a 200 day moving average price of $239.18.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Robert W. Baird decreased their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Finally, StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

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.