Wolff Wiese Magana LLC Grows Stock Position in Union Pacific Co. (NYSE:UNP)

Wolff Wiese Magana LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 4.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,191 shares of the railroad operator’s stock after acquiring an additional 275 shares during the period. Wolff Wiese Magana LLC’s holdings in Union Pacific were worth $1,640,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of UNP. World Investment Advisors LLC grew its stake in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares in the last quarter. Shellback Capital LP boosted its position in shares of Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after acquiring an additional 4,400 shares in the last quarter. Peoples Bank KS purchased a new position in shares of Union Pacific in the 3rd quarter valued at about $834,000. Maj Invest Holding A S raised its position in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after acquiring an additional 2,202 shares in the last quarter. Finally, Pensionfund Sabic increased its stake in Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE UNP opened at $232.64 on Wednesday. The stock has a market capitalization of $141.04 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 2.33 and a beta of 1.06. The business’s 50 day moving average is $234.49 and its two-hundred day moving average is $238.87. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. 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 (NYSE:UNP) last released its quarterly earnings data 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 business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 EPS. Research analysts expect that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.30%. Union Pacific’s payout ratio is currently 49.22%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UNP shares. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. JPMorgan Chase & Co. decreased their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. TD Cowen cut their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Nine 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.80.

About Union Pacific

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.