Ritholtz Wealth Management Has $7.07 Million Holdings in Union Pacific Co. (NYSE:UNP)

Ritholtz Wealth Management lifted its holdings in Union Pacific Co. (NYSE:UNP) by 37.0% in the 4th quarter, Holdings Channel reports. The firm owned 30,983 shares of the railroad operator’s stock after buying an additional 8,372 shares during the quarter. Ritholtz Wealth Management’s holdings in Union Pacific were worth $7,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter worth $30,000. Jamison Private Wealth Management Inc. lifted its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the last quarter. Fairscale Capital LLC acquired a new position in Union Pacific during the 2nd quarter worth $31,000. Finally, Dunhill Financial LLC lifted its position in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Wells Fargo & Company cut their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Citigroup boosted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Robert W. Baird dropped their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $259.35.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $234.88 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $142.40 billion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The firm’s 50-day moving average price is $234.14 and its two-hundred day moving average price is $238.82.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.51 earnings per share. On average, equities analysts predict that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. Union Pacific’s payout ratio is 49.22%.

Union Pacific 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.