Circle Wealth Management LLC Sells 225 Shares of Union Pacific Co. (NYSE:UNP)

Circle Wealth Management LLC trimmed its position in Union Pacific Co. (NYSE:UNP) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,912 shares of the railroad operator’s stock after selling 225 shares during the period. Circle Wealth Management LLC’s holdings in Union Pacific were worth $1,211,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UNP. PGGM Investments bought a new stake in Union Pacific during the first quarter worth about $164,000. EverSource Wealth Advisors LLC boosted its position in Union Pacific by 73.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,064 shares of the railroad operator’s stock valued at $964,000 after buying an additional 1,718 shares during the period. Armstrong Henry H Associates Inc. grew its holdings in Union Pacific by 0.6% in the 2nd quarter. Armstrong Henry H Associates Inc. now owns 64,602 shares of the railroad operator’s stock worth $14,617,000 after acquiring an additional 398 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Union Pacific by 53.7% in the second quarter. GAMMA Investing LLC now owns 7,222 shares of the railroad operator’s stock valued at $1,634,000 after acquiring an additional 2,524 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its stake in shares of Union Pacific by 1.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 43,494 shares of the railroad operator’s stock valued at $9,841,000 after acquiring an additional 760 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Bank of America reduced their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. BMO Capital Markets decreased their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Royal Bank of Canada dropped their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Robert W. Baird decreased their price target 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. Nine investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Down 0.1 %

NYSE:UNP opened at $244.87 on Friday. The company has a 50 day simple moving average of $240.12 and a two-hundred day simple moving average of $238.55. The company has a market cap of $148.45 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 2.43 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 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 firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the firm earned $2.51 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Research analysts forecast that Union Pacific Co. will post 10.94 earnings per share for the current 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 issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Monday, December 9th. Union Pacific’s payout ratio is 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.