Investment House LLC boosted its stake in Union Pacific Co. (NYSE:UNP) by 3.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,045 shares of the railroad operator’s stock after buying an additional 680 shares during the period. Investment House LLC’s holdings in Union Pacific were worth $3,090,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Pathstone Family Office LLC lifted its holdings in Union Pacific by 41.3% in the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after acquiring an additional 52 shares during the last quarter. Acropolis Investment Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its holdings in Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after acquiring an additional 340 shares during the last quarter. Exane Derivatives lifted its holdings in Union Pacific by 55,600.0% in the 4th quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after acquiring an additional 1,112 shares during the last quarter. Finally, Acrospire Investment Management LLC lifted its holdings in Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 78.41% of the company’s stock.
A number of brokerages have weighed in on UNP. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a report on Wednesday, February 14th. Argus upped their price target on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Morgan Stanley upped their price target on shares of Union Pacific from $105.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, January 26th. UBS Group cut their price target on shares of Union Pacific from $164.00 to $162.00 and set a “buy” rating for the company in a report on Friday, January 26th. Finally, TD Securities cut their price target on shares of Union Pacific from $155.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 26th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $130.40.
Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. Union Pacific’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. sell-side analysts forecast that Union Pacific Co. will post 7.51 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be issued a $0.73 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.10%. Union Pacific’s dividend payout ratio is currently 44.56%.
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Union Pacific Company Profile
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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