Gould Capital LLC Trims Holdings in Union Pacific Co. (NYSE:UNP)

Gould Capital LLC reduced its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 27.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,493 shares of the railroad operator's stock after selling 4,655 shares during the quarter. Union Pacific accounts for about 2.0% of Gould Capital LLC's investment portfolio, making the stock its 22nd biggest holding. Gould Capital LLC's holdings in Union Pacific were worth $3,079,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of UNP. Fairhaven Wealth Management LLC raised its holdings in Union Pacific by 1.7% in the 2nd quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator's stock worth $584,000 after acquiring an additional 43 shares during the last quarter. Chesapeake Wealth Management raised its stake in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock worth $1,856,000 after purchasing an additional 43 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in shares of Union Pacific by 0.5% during the second quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator's stock valued at $1,897,000 after purchasing an additional 44 shares in the last quarter. Montecito Bank & Trust boosted its position in shares of Union Pacific by 0.4% during the second quarter. Montecito Bank & Trust now owns 11,894 shares of the railroad operator's stock valued at $2,691,000 after buying an additional 45 shares during the last quarter. Finally, Traveka Wealth LLC increased its holdings in Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator's stock worth $335,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UNP has been the topic of a number of research reports. Daiwa America downgraded shares of Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Raymond James lifted their price target on shares of Union Pacific from $265.00 to $275.00 and gave the stock a "strong-buy" rating in a research note on Monday, October 14th. Robert W. Baird reduced their price objective on Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Royal Bank of Canada reduced their price target on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Finally, Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Nine research 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 currently has a consensus rating of "Moderate Buy" and an average price target of $259.80.

Union Pacific Price Performance

Shares of NYSE UNP traded up $3.62 during mid-day trading on Tuesday, hitting $237.17. 3,092,556 shares of the company's stock traded hands, compared to its average volume of 2,339,189. The company has a market capitalization of $143.78 billion, a P/E ratio of 21.77, a PEG ratio of 2.31 and a beta of 1.05. 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 current ratio of 0.77 and a quick ratio of 0.63. The company's 50-day moving average is $238.96 and its two-hundred day moving average is $238.29.

Union Pacific (NYSE:UNP - Get Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $6.14 billion. During the same quarter last year, the firm posted $2.51 EPS. Union Pacific's revenue for the quarter was up 2.5% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Monday, December 9th. Union Pacific's dividend payout ratio is currently 49.22%.

Union Pacific 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.