Curated Wealth Partners LLC Decreases Position in Union Pacific Co. (NYSE:UNP)

Curated Wealth Partners LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 2.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,837 shares of the railroad operator’s stock after selling 83 shares during the quarter. Curated Wealth Partners LLC’s holdings in Union Pacific were worth $785,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UNP. Moneta Group Investment Advisors LLC lifted its stake in Union Pacific by 90,390.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,697,556 shares of the railroad operator’s stock valued at $2,836,353,000 after buying an additional 13,682,419 shares in the last quarter. Norges Bank purchased a new position in Union Pacific in the 4th quarter worth approximately $1,276,498,000. Soroban Capital Partners LP lifted its stake in Union Pacific by 77.5% in the 1st quarter. Soroban Capital Partners LP now owns 8,260,185 shares of the railroad operator’s stock worth $1,662,445,000 after purchasing an additional 3,605,266 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Union Pacific by 54.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,693,943 shares of the railroad operator’s stock worth $1,347,224,000 after purchasing an additional 2,349,841 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Union Pacific by 638.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,014,327 shares of the railroad operator’s stock worth $550,334,000 after purchasing an additional 1,741,490 shares in the last quarter. 77.36% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Stock Performance

NYSE:UNP opened at $213.32 on Friday. The company has a fifty day simple moving average of $220.88 and a two-hundred day simple moving average of $206.45. The company has a market cap of $130.01 billion, a price-to-earnings ratio of 19.46, a price-to-earnings-growth ratio of 2.05 and a beta of 1.11. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 2.39. Union Pacific Co. has a 52 week low of $183.69 and a 52 week high of $240.48.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Wednesday, July 26th. The railroad operator reported $2.57 EPS for the quarter, missing the consensus estimate of $2.75 by ($0.18). The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 55.03% and a net margin of 27.18%. The business’s revenue was down 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.93 EPS. As a group, equities analysts anticipate that Union Pacific Co. will post 10.5 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be paid a dividend of $1.30 per share. The ex-dividend date is Wednesday, August 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.44%. Union Pacific’s payout ratio is currently 47.45%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UNP. Atlantic Securities lowered shares of Union Pacific from an “overweight” rating to a “neutral” rating and set a $244.00 target price on the stock. in a research note on Thursday, July 27th. Barclays lifted their price target on shares of Union Pacific from $230.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday, July 27th. Robert W. Baird lifted their price target on shares of Union Pacific from $228.00 to $260.00 in a research report on Thursday, July 27th. Wells Fargo & Company lifted their price target on shares of Union Pacific from $200.00 to $245.00 in a research report on Thursday, July 27th. Finally, Bank of America lifted their price target on shares of Union Pacific from $237.00 to $265.00 in a research report on Thursday, July 27th. Twelve investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $233.97.

Insider Buying and Selling

In related news, EVP Kenyatta G. Rocker sold 8,700 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares in the company, valued at $9,355,628.23. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, EVP Kenyatta G. Rocker sold 8,700 shares of the business’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $222.43, for a total transaction of $1,935,141.00. Following the completion of the transaction, the executive vice president now owns 42,061 shares in the company, valued at $9,355,628.23. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Jennifer L. Hamann sold 1,000 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $222.83, for a total transaction of $222,830.00. Following the transaction, the chief financial officer now owns 99,378 shares of the company’s stock, valued at approximately $22,144,399.74. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.