Atlas Brown Inc. raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,755 shares of the railroad operator’s stock after buying an additional 151 shares during the quarter. Atlas Brown Inc.’s holdings in Union Pacific were worth $1,312,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of UNP. Chesapeake Wealth Management grew its holdings in 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. Traveka Wealth LLC lifted its holdings in shares of Union Pacific by 3.4% during the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after purchasing an additional 45 shares during the last quarter. Red Mountain Financial LLC boosted its position in shares of Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after purchasing an additional 45 shares in the last quarter. True Link Financial Advisors LLC grew its stake in Union Pacific by 1.2% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock worth $990,000 after buying an additional 47 shares during the last quarter. Finally, Alpha Financial Partners LLC increased its position in Union Pacific by 3.6% during the 2nd quarter. Alpha Financial Partners LLC now owns 1,453 shares of the railroad operator’s stock valued at $329,000 after buying an additional 50 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.
Union Pacific Price Performance
NYSE:UNP traded down $6.88 during trading hours on Friday, reaching $224.94. 1,637,429 shares of the company were exchanged, compared to its average volume of 2,364,999. The stock’s 50-day moving average is $234.80 and its 200-day moving average is $238.63. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a market cap of $136.37 billion, a PE ratio of 20.66, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.
Union Pacific Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.
Analysts Set New Price Targets
Several brokerages have weighed in on UNP. Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. BMO Capital Markets cut their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Finally, TD Cowen lowered their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Check Out Our Latest Analysis on Union Pacific
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.
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