Trinity Financial Advisors LLC increased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,386 shares of the railroad operator’s stock after purchasing an additional 136 shares during the period. Trinity Financial Advisors LLC’s holdings in Union Pacific were worth $547,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Union Pacific by 0.9% during the 3rd 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 grew its position in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after buying an additional 182,620 shares during the period. Ameriprise Financial Inc. increased 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 buying an additional 106,996 shares during the last quarter. Franklin Resources Inc. raised its position 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 worth $1,795,993,000 after acquiring an additional 625,492 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after acquiring an additional 143,896 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on UNP. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Wells Fargo & Company cut their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Bank of America reduced 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 note on Tuesday, September 24th. Finally, Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Union Pacific Trading Down 2.9 %
Shares of Union Pacific stock traded down $6.71 on Friday, reaching $225.11. The company had a trading volume of 2,702,103 shares, compared to its average volume of 2,427,500. The firm has a market cap of $136.47 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 2.33 and a beta of 1.06. The firm’s 50-day moving average price is $234.80 and its two-hundred day moving average price is $238.63. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. 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 (NYSE:UNP – Get Free Report) last posted its quarterly earnings data 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 for 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%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.51 EPS. As a group, research analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.38%. The ex-dividend date was Monday, December 9th. Union Pacific’s 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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