Premier Path Wealth Partners LLC increased its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,597 shares of the railroad operator’s stock after purchasing an additional 151 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Union Pacific were worth $820,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in UNP. Sanibel Captiva Trust Company Inc. increased its holdings in Union Pacific by 23.4% in the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 6,911 shares of the railroad operator’s stock valued at $1,576,000 after buying an additional 1,309 shares in the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its holdings in Union Pacific by 5.4% in the fourth quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 3,368 shares of the railroad operator’s stock valued at $768,000 after purchasing an additional 173 shares during the last quarter. Dakota Community Bank & Trust NA increased its position in shares of Union Pacific by 2.8% in the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock valued at $407,000 after buying an additional 49 shares in the last quarter. O Keefe Stevens Advisory Inc. raised its stake in shares of Union Pacific by 16.8% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 17,706 shares of the railroad operator’s stock worth $4,038,000 after buying an additional 2,548 shares during the last quarter. Finally, Brooklyn Investment Group boosted its position in shares of Union Pacific by 1.2% in the 4th quarter. Brooklyn Investment Group now owns 4,727 shares of the railroad operator’s stock worth $1,078,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Performance
Shares of Union Pacific stock opened at $233.99 on Friday. 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 Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The firm’s 50-day simple moving average is $233.83 and its 200-day simple moving average is $238.85. The firm has a market cap of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last posted its quarterly 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 firm had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.51 earnings per share. Equities analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. Citigroup lifted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Sanford C. Bernstein decreased their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their target price for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Finally, Susquehanna lowered their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $259.35.
View Our Latest Stock Report on UNP
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.
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