Cullen Investment Group LTD. Has $10.97 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Cullen Investment Group LTD. boosted its position in Union Pacific Co. (NYSE:UNP) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 48,103 shares of the railroad operator’s stock after purchasing an additional 621 shares during the period. Union Pacific comprises 1.6% of Cullen Investment Group LTD.’s holdings, making the stock its 12th largest position. Cullen Investment Group LTD.’s holdings in Union Pacific were worth $10,969,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Exeter Financial LLC lifted its position in shares of Union Pacific by 6.8% in the fourth quarter. Exeter Financial LLC now owns 5,106 shares of the railroad operator’s stock valued at $1,164,000 after buying an additional 325 shares during the last quarter. Tealwood Asset Management Inc. raised its stake in Union Pacific by 50.3% in the 4th quarter. Tealwood Asset Management Inc. now owns 14,619 shares of the railroad operator’s stock valued at $3,334,000 after acquiring an additional 4,893 shares during the period. Grandview Asset Management LLC bought a new stake in Union Pacific in the 4th quarter valued at $222,000. Traveka Wealth LLC lifted its holdings in Union Pacific by 236.6% during the 4th quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator’s stock valued at $1,041,000 after purchasing an additional 3,210 shares during the last quarter. Finally, BCS Wealth Management bought a new position in Union Pacific during the fourth quarter worth $631,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on UNP. Raymond James raised their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. BMO Capital Markets dropped their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, September 20th. Finally, Stifel Nicolaus decreased their price objective on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Up 0.6 %

Shares of UNP opened at $226.60 on Tuesday. The firm has a 50 day simple moving average of $234.58 and a two-hundred day simple moving average of $238.85. 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 Co. has a one year low of $218.55 and a one year high of $258.66. The company has a market cap of $137.38 billion, a P/E ratio of 20.81, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $2.51 EPS. Research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.37%. Union Pacific’s payout ratio is currently 49.22%.

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.