Werlinich Asset Management LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,650 shares of the railroad operator’s stock after buying an additional 100 shares during the quarter. Union Pacific comprises about 4.9% of Werlinich Asset Management LLC’s investment portfolio, making the stock its 4th biggest position. Werlinich Asset Management LLC’s holdings in Union Pacific were worth $8,349,000 as of its most recent filing with the SEC.
Other hedge funds also recently bought and sold shares of the company. World Investment Advisors LLC increased its position in Union Pacific by 103.1% during the 3rd 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 stake 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 purchasing an additional 4,400 shares during the last quarter. Peoples Bank KS purchased a new stake in shares of Union Pacific during the third quarter worth about $834,000. Maj Invest Holding A S lifted its stake in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after buying an additional 2,202 shares during the period. Finally, Pensionfund Sabic boosted its position in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after acquiring an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. Bank of America decreased their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research note on Friday, October 25th. Citigroup boosted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, Barclays increased their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. 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 stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.
Union Pacific Stock Up 1.7 %
Shares of Union Pacific stock opened at $234.88 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The business has a 50-day moving average price of $234.14 and a 200 day moving average price of $238.82. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The firm has a market cap of $142.40 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.02 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.51 earnings per share. On average, sell-side analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.28%. Union Pacific’s dividend payout ratio is currently 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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