Aspiriant LLC lessened its holdings in shares of Union Pacific Co. (NYSE:UNP) by 93.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,610 shares of the railroad operator’s stock after selling 21,846 shares during the quarter. Aspiriant LLC’s holdings in Union Pacific were worth $216,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Acropolis Investment Management LLC purchased a new position in Union Pacific during the 4th quarter worth $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in Union Pacific by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after acquiring an additional 340 shares during the last quarter. Acrospire Investment Management LLC boosted its holdings in Union Pacific by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after acquiring an additional 300 shares during the last quarter. Exane Derivatives boosted its holdings in Union Pacific by 55,600.0% during the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after acquiring an additional 1,112 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its holdings in Union Pacific by 6.6% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after acquiring an additional 105 shares during the last quarter. Institutional investors and hedge funds own 78.41% of the company’s stock.
A number of research firms have issued reports on UNP. TD Securities cut their price objective on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, January 26th. Morgan Stanley lifted their price objective on shares of Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 31st. Goldman Sachs Group initiated coverage on shares of Union Pacific in a report on Monday, November 13th. They set a “sell” rating and a $103.00 price objective on the stock. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Finally, Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Three equities research 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. The stock presently has an average rating of “Hold” and a consensus target price of $130.40.
Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. equities analysts anticipate that Union Pacific Co. will post 7.51 earnings per share for the current fiscal year.
The company 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 boost from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is currently 44.56%.
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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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