Allen Mooney & Barnes Investment Advisors LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,525 shares of the railroad operator’s stock after acquiring an additional 59 shares during the quarter. Allen Mooney & Barnes Investment Advisors LLC’s holdings in Union Pacific were worth $576,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Marshall Wace LLP raised its position in shares of Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the period. International Assets Investment Management LLC lifted its stake in Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after acquiring an additional 625,492 shares during the period. Impax Asset Management Group plc grew its position in shares of Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in shares of Union Pacific by 170.9% in the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after acquiring an additional 464,477 shares during the period. Institutional investors own 80.38% of the company’s stock.
Union Pacific Price Performance
UNP opened at $229.25 on Wednesday. The firm has a market capitalization of $138.98 billion, a P/E ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06. The stock has a fifty day moving average of $234.49 and a 200-day moving average of $238.87. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is presently 49.22%.
Wall Street Analysts Forecast Growth
UNP has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Barclays raised their target price on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. 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. Finally, Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.80.
Read Our Latest Stock Analysis on UNP
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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