Lynch & Associates IN raised its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,964 shares of the railroad operator’s stock after acquiring an additional 63 shares during the quarter. Lynch & Associates IN’s holdings in Union Pacific were worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. State Street Corp increased its holdings in Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares during the period. Ameriprise Financial Inc. grew its holdings in Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares during the period. Franklin Resources Inc. increased its stake in Union Pacific by 9.3% in the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares during the period. 80.38% of the stock is owned by institutional investors.
Union Pacific Trading Down 2.9 %
UNP stock traded down $6.71 during trading on Friday, hitting $225.11. The company had a trading volume of 2,711,122 shares, compared to its average volume of 2,581,317. 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 Co. has a one year low of $218.55 and a one year high of $258.66. The business has a 50-day moving average of $234.80 and a 200-day moving average of $238.63. The stock has a market cap of $136.47 billion, a PE ratio of 20.67, a PEG ratio of 2.33 and a beta of 1.06.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given 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 was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.
Analysts Set New Price Targets
UNP has been the topic of a number of research reports. TD Cowen cut their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Stifel Nicolaus reduced their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Citigroup boosted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Finally, Bank of America decreased 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. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $259.80.
Read Our Latest Stock Report on Union Pacific
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.
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