Horan Capital Management lessened its holdings in Union Pacific Co. (NYSE:UNP) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,161 shares of the railroad operator’s stock after selling 826 shares during the period. Union Pacific comprises 2.8% of Horan Capital Management’s holdings, making the stock its 15th biggest holding. Horan Capital Management’s holdings in Union Pacific were worth $13,968,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in UNP. Acropolis Investment Management LLC bought a new position in Union Pacific in the fourth quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares during the last quarter. Acrospire Investment Management LLC grew its holdings in shares of Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after purchasing an additional 300 shares during the last quarter. Exane Derivatives grew its holdings in shares of Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after purchasing an additional 1,112 shares during the last quarter. Finally, Jacobi Capital Management LLC grew its holdings in shares of Union Pacific by 6.6% during the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after purchasing an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 78.41% of the company’s stock.
Union Pacific Co. (NYSE:UNP) opened at $134.97 on Monday. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $105,180.00, a P/E ratio of 22.61, a P/E/G ratio of 1.69 and a beta of 0.84. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be paid a $0.73 dividend. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is currently 44.56%.
Several analysts have recently weighed in on UNP shares. Loop Capital boosted their price target on Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a report on Monday, October 30th. Morgan Stanley boosted their price target on Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 31st. Argus boosted their price target on Union Pacific from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a report on Wednesday, November 1st. Finally, Royal Bank of Canada restated a “hold” rating and set a $124.00 price target on shares of Union Pacific in a report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and a consensus target price of $130.40.
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About Union Pacific
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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