Union Pacific Co. (NYSE:UNP) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its stake in Union Pacific Co. (NYSE:UNP) by 0.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,003 shares of the railroad operator’s stock after purchasing an additional 367 shares during the quarter. Sanctuary Advisors LLC’s holdings in Union Pacific were worth $29,087,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pure Financial Advisors LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $558,000. Blue Trust Inc. boosted its stake in Union Pacific by 57.9% during the second quarter. Blue Trust Inc. now owns 5,381 shares of the railroad operator’s stock worth $1,323,000 after buying an additional 1,973 shares during the last quarter. Stanley Laman Group Ltd. grew its holdings in Union Pacific by 5.8% in the 2nd quarter. Stanley Laman Group Ltd. now owns 15,828 shares of the railroad operator’s stock valued at $3,581,000 after buying an additional 873 shares in the last quarter. Brookstone Capital Management increased its stake in shares of Union Pacific by 29.3% in the 2nd quarter. Brookstone Capital Management now owns 19,043 shares of the railroad operator’s stock worth $4,644,000 after acquiring an additional 4,318 shares during the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of Union Pacific by 49.4% during the 2nd quarter. Gradient Investments LLC now owns 399 shares of the railroad operator’s stock worth $90,000 after acquiring an additional 132 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.0 %

NYSE UNP opened at $233.70 on Friday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a market capitalization of $141.68 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm’s fifty day moving average price is $238.46 and its 200 day moving average price is $238.27.

Union Pacific (NYSE:UNP) last posted its earnings results 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). The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted $2.51 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Citigroup lifted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Daiwa America lowered Union Pacific from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Benchmark reissued a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have given 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.

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.