Nabity Jensen Investment Management Inc lifted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 12.5% during the 4th quarter, HoldingsChannel reports. The fund owned 2,919 shares of the railroad operator’s stock after acquiring an additional 324 shares during the quarter. Nabity Jensen Investment Management Inc’s holdings in Union Pacific were worth $666,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of UNP. Laurel Wealth Advisors LLC increased its stake in Union Pacific by 1.4% during the 4th quarter. Laurel Wealth Advisors LLC now owns 11,328 shares of the railroad operator’s stock worth $2,583,000 after acquiring an additional 160 shares during the period. Acropolis Investment Management LLC grew its holdings in shares of Union Pacific by 120.2% during the 4th quarter. Acropolis Investment Management LLC now owns 1,099 shares of the railroad operator’s stock worth $251,000 after purchasing an additional 600 shares in the last quarter. Meridian Financial Partners LLC increased its position in shares of Union Pacific by 1.8% in the fourth quarter. Meridian Financial Partners LLC now owns 4,690 shares of the railroad operator’s stock worth $1,070,000 after purchasing an additional 85 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Union Pacific by 34.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,732 shares of the railroad operator’s stock valued at $1,535,000 after purchasing an additional 1,743 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in Union Pacific by 26.8% during the fourth quarter. Park Avenue Securities LLC now owns 34,430 shares of the railroad operator’s stock worth $7,851,000 after purchasing an additional 7,277 shares during the period. 80.38% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms have commented on UNP. Wells Fargo & Company decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Benchmark reissued a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. TD Cowen decreased their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.80.
Union Pacific Price Performance
Shares of UNP opened at $229.25 on Wednesday. The company has a market capitalization of $138.98 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. The business has a 50-day moving average of $234.49 and a 200-day moving average of $238.87. 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 Co. has a 1 year low of $218.55 and a 1 year high of $258.66.
Union Pacific (NYSE:UNP – Get Free Report) last posted 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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the company posted $2.51 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.
About Union Pacific
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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