Saxon Interests Inc. Has $684,000 Position in Union Pacific Co. (NYSE:UNP)

Saxon Interests Inc. increased its holdings in Union Pacific Co. (NYSE:UNP) by 13.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,000 shares of the railroad operator’s stock after purchasing an additional 357 shares during the period. Saxon Interests Inc.’s holdings in Union Pacific were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UNP. State Street Corp lifted its position in shares of Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after buying an additional 217,780 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after acquiring an additional 182,620 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after purchasing an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after purchasing an additional 143,896 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

UNP opened at $234.77 on Friday. The company has a market capitalization of $142.33 billion, a price-to-earnings ratio of 21.56, a P/E/G ratio of 2.02 and a beta of 1.06. The business’s 50-day moving average price is $234.14 and its two-hundred day moving average price is $238.82. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion during 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%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.51 EPS. Equities analysts expect that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on UNP shares. Raymond James upped their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 10th. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Stifel Nicolaus dropped their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Bank of America lowered their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $259.35.

Union Pacific Company 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.