RFG Advisory LLC lifted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 19.3% in the fourth quarter, Holdings Channel reports. The fund owned 6,630 shares of the railroad operator’s stock after purchasing an additional 1,071 shares during the quarter. RFG Advisory LLC’s holdings in Union Pacific were worth $1,512,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the 2nd quarter worth about $28,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific in the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. lifted its stake in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Dunhill Financial LLC boosted its position in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on UNP. Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Royal Bank of Canada lowered their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen raised their price target on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday. JPMorgan Chase & Co. lowered their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Benchmark raised their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday. Nine investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $262.57.
Union Pacific Stock Performance
Shares of UNP stock opened at $248.94 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 company has a market cap of $150.92 billion, a PE ratio of 22.86, a PEG ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The business’s fifty day simple moving average is $234.05 and its 200-day simple moving average is $239.40.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the previous year, the firm earned $2.71 earnings per share. Analysts expect that Union Pacific Co. will post 10.96 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. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 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.
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