Elevated Capital Advisors LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,925 shares of the railroad operator’s stock after buying an additional 887 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Union Pacific were worth $895,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. Bar Harbor Wealth Management increased its stake in Union Pacific by 514.9% in the 4th quarter. Bar Harbor Wealth Management now owns 45,665 shares of the railroad operator’s stock worth $10,413,000 after purchasing an additional 38,238 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Union Pacific by 4.7% in the fourth quarter. Sivia Capital Partners LLC now owns 1,709 shares of the railroad operator’s stock worth $390,000 after acquiring an additional 76 shares in the last quarter. Elmwood Wealth Management Inc. raised its holdings in shares of Union Pacific by 1.4% during the fourth quarter. Elmwood Wealth Management Inc. now owns 5,550 shares of the railroad operator’s stock valued at $1,266,000 after acquiring an additional 77 shares during the period. Enterprise Bank & Trust Co lifted its position in shares of Union Pacific by 1.0% in the 4th quarter. Enterprise Bank & Trust Co now owns 11,239 shares of the railroad operator’s stock valued at $2,563,000 after acquiring an additional 116 shares in the last quarter. Finally, Bridge Creek Capital Management LLC boosted its stake in Union Pacific by 0.7% in the 4th quarter. Bridge Creek Capital Management LLC now owns 17,141 shares of the railroad operator’s stock worth $3,909,000 after purchasing an additional 120 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Susquehanna reduced their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Raymond James increased their price objective on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. 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 report on Friday, October 25th. Finally, TD Cowen lowered their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.
Union Pacific Stock Performance
Shares of UNP traded up $1.39 on Monday, reaching $226.60. 2,276,946 shares of the stock traded hands, compared to its average volume of 2,422,027. The firm has a market cap of $137.38 billion, a price-to-earnings ratio of 20.81, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The stock’s 50-day moving average price is $234.64 and its 200-day moving average price is $238.83. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.
Union Pacific (NYSE:UNP – Get Free Report) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the firm posted $2.51 earnings per share. Union Pacific’s revenue was up 2.5% on a year-over-year basis. Equities analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.
Union Pacific Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.37%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.
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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