Union Pacific Co. (NYSE:UNP) Shares Bought by Exeter Financial LLC

Exeter Financial LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,106 shares of the railroad operator’s stock after acquiring an additional 325 shares during the quarter. Exeter Financial LLC’s holdings in Union Pacific were worth $1,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Federated Hermes Inc. boosted its stake in shares of Union Pacific by 3,524.7% during the 2nd quarter. Federated Hermes Inc. now owns 112,292 shares of the railroad operator’s stock valued at $25,407,000 after buying an additional 109,194 shares during the last quarter. Thoroughbred Financial Services LLC boosted its stake in Union Pacific by 12.1% in the second quarter. Thoroughbred Financial Services LLC now owns 5,178 shares of the railroad operator’s stock valued at $1,171,000 after acquiring an additional 557 shares during the period. Brown Brothers Harriman & Co. boosted its position in Union Pacific by 0.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 223,301 shares of the railroad operator’s stock valued at $50,524,000 after purchasing an additional 1,162 shares during the period. Capital Wealth Planning LLC grew its position in shares of Union Pacific by 360.3% during the second quarter. Capital Wealth Planning LLC now owns 24,709 shares of the railroad operator’s stock worth $5,591,000 after acquiring an additional 19,341 shares during the last quarter. Finally, One Capital Management LLC bought a new position in Union Pacific in the 2nd quarter worth about $208,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UNP shares. Stifel Nicolaus lowered their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a report on Friday, October 25th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Raymond James lifted their target price on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday. Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Up 0.6 %

Shares of Union Pacific stock opened at $226.60 on Tuesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a market cap of $137.38 billion, a P/E ratio of 20.81, a P/E/G ratio of 2.33 and a beta of 1.06. 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 50-day moving average price of $234.58 and a 200 day moving average price of $238.85.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the business posted $2.51 earnings per share. As a group, analysts expect that Union Pacific Co. will post 10.94 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. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.37%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 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.