International Assets Investment Management LLC Sells 892,730 Shares of Union Pacific Co. (NYSE:UNP)

International Assets Investment Management LLC reduced its position in Union Pacific Co. (NYSE:UNP - Free Report) by 99.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,310 shares of the railroad operator's stock after selling 892,730 shares during the quarter. International Assets Investment Management LLC's holdings in Union Pacific were worth $758,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Acadian Asset Management LLC boosted its position in shares of Union Pacific by 116.3% during the 2nd quarter. Acadian Asset Management LLC now owns 19,552 shares of the railroad operator's stock valued at $4,421,000 after purchasing an additional 10,511 shares in the last quarter. AGF Management Ltd. grew its position in shares of Union Pacific by 77.2% during the 2nd quarter. AGF Management Ltd. now owns 44,558 shares of the railroad operator's stock worth $10,082,000 after buying an additional 19,411 shares during the period. LPL Financial LLC increased its stake in shares of Union Pacific by 6.5% in the 2nd quarter. LPL Financial LLC now owns 1,023,156 shares of the railroad operator's stock valued at $231,499,000 after acquiring an additional 62,607 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Union Pacific by 6.4% during the 2nd quarter. American Century Companies Inc. now owns 1,186,777 shares of the railroad operator's stock valued at $268,520,000 after acquiring an additional 71,019 shares during the period. Finally, Qsemble Capital Management LP boosted its stake in Union Pacific by 169.8% during the second quarter. Qsemble Capital Management LP now owns 22,009 shares of the railroad operator's stock worth $4,980,000 after acquiring an additional 13,852 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 2.9 %

NYSE:UNP traded down $6.71 on Friday, hitting $225.11. The stock had a trading volume of 2,711,328 shares, compared to its average volume of 2,582,855. The firm's fifty day simple moving average is $234.80 and its two-hundred day simple moving average is $238.63. The stock has a market cap of $136.47 billion, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. 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 (NYSE:UNP - Get Free Report) last announced its earnings results 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). The business had revenue of $6.09 billion for 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 company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.51 earnings per share. Analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date was Monday, December 9th. Union Pacific's payout ratio is 49.22%.

Analyst Ratings Changes

UNP has been the subject of several research analyst reports. Benchmark reaffirmed a "buy" rating and issued a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Barclays boosted their target price on Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research report on Wednesday, November 13th. Citigroup increased their price target on Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday, November 12th. Royal Bank of Canada decreased their price objective on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Finally, Stifel Nicolaus cut their target price on Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Nine 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 company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.