Union Pacific Co. (NYSE:UNP) Position Trimmed by Signature Resources Capital Management LLC

Signature Resources Capital Management LLC reduced its holdings in Union Pacific Co. (NYSE:UNP) by 16.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 346 shares of the railroad operator’s stock after selling 68 shares during the quarter. Signature Resources Capital Management LLC’s holdings in Union Pacific were worth $79,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. State Street Corp grew its position in Union Pacific by 0.9% in the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of 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 last quarter. Ameriprise Financial Inc. boosted its position in shares of Union Pacific by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after buying an additional 106,996 shares during the period. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after acquiring an additional 143,896 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Citigroup raised their target price 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. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Stifel Nicolaus decreased their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Finally, Wells Fargo & Company dropped their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Nine 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Price Performance

NYSE UNP opened at $233.99 on Tuesday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The company has a 50 day simple moving average of $233.67 and a 200-day simple moving average of $239.10. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the company earned $2.51 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities research analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 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.