Bahl & Gaynor Inc. Sells 6,048 Shares of Union Pacific Co. (NYSE:UNP)

Bahl & Gaynor Inc. cut its position in shares of Union Pacific Co. (NYSE:UNP) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,732 shares of the railroad operator’s stock after selling 6,048 shares during the period. Bahl & Gaynor Inc.’s holdings in Union Pacific were worth $37,514,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Valued Wealth Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at $28,000. BluePath Capital Management LLC bought a new stake in Union Pacific during the 3rd quarter valued at $25,000. Fortitude Family Office LLC bought a new stake in Union Pacific during the 4th quarter valued at $44,000. Hexagon Capital Partners LLC raised its position in Union Pacific by 48.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after purchasing an additional 101 shares in the last quarter. Finally, Legacy Financial Group LLC bought a new position in shares of Union Pacific in the 3rd quarter worth $83,000. 80.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $250.00, for a total transaction of $937,500.00. Following the completion of the transaction, the president now owns 56,682 shares of the company’s stock, valued at $14,170,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $242.84 on Friday. The stock has a market capitalization of $148.16 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 2.63 and a beta of 1.07. Union Pacific Co. has a twelve month low of $190.45 and a twelve month high of $258.66. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 1.99. The stock has a 50-day moving average of $244.27 and a 200 day moving average of $234.95.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $5.97 billion. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. Union Pacific’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.67 EPS. Sell-side analysts anticipate that Union Pacific Co. will post 11.01 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.14%. Union Pacific’s payout ratio is currently 49.62%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. TD Cowen boosted their price target on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group started coverage on Union Pacific in a research report on Monday, April 8th. They set a “hold” rating and a $250.00 target price on the stock. Raymond James reaffirmed a “strong-buy” rating and set a $280.00 target price (up from $275.00) on shares of Union Pacific in a research report on Friday. UBS Group upped their target price on Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research report on Friday, January 26th. Finally, BMO Capital Markets upped their target price on Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $258.78.

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.