Sentry Investment Management LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,035 shares of the railroad operator’s stock after buying an additional 3,953 shares during the period. Sentry Investment Management LLC’s holdings in Union Pacific were worth $5,771,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in UNP. Acropolis Investment Management LLC acquired a new position in Union Pacific during the fourth quarter valued at approximately $107,000. Acrospire Investment Management LLC raised its stake 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 valued at $131,000 after purchasing an additional 300 shares during the period. Exane Derivatives raised its stake 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 valued at $149,000 after purchasing an additional 1,112 shares during the period. Jacobi Capital Management LLC raised its stake 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 valued at $185,000 after purchasing an additional 105 shares during the period. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of Union Pacific during the fourth quarter valued at approximately $200,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Union Pacific Co. (NYSE UNP) opened at $136.83 on Wednesday. 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 stock has a market cap of $106,630.00, a price-to-earnings ratio of 22.58, a P/E/G ratio of 1.72 and a beta of 0.83. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05.
The business also recently declared 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 represents a $2.92 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s payout ratio is 48.18%.
A number of analysts have recently issued reports on UNP shares. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Barclays reiterated a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Finally, Zacks Investment Research lowered shares of Union Pacific from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $132.37.
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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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