MBE Wealth Management LLC lessened its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 910 shares of the railroad operator’s stock after selling 93 shares during the quarter. MBE Wealth Management LLC’s holdings in Union Pacific were worth $207,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Matrix Asset Advisors Inc. NY raised its holdings in Union Pacific by 1.2% in the 4th quarter. Matrix Asset Advisors Inc. NY now owns 68,721 shares of the railroad operator’s stock worth $15,671,000 after purchasing an additional 821 shares during the period. Griffin Asset Management Inc. increased its stake in Union Pacific by 2.6% during the 4th quarter. Griffin Asset Management Inc. now owns 11,621 shares of the railroad operator’s stock worth $2,650,000 after buying an additional 296 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in Union Pacific by 6.7% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 10,436 shares of the railroad operator’s stock worth $2,380,000 after buying an additional 657 shares in the last quarter. Buffington Mohr McNeal increased its stake in Union Pacific by 13.6% during the 4th quarter. Buffington Mohr McNeal now owns 3,823 shares of the railroad operator’s stock worth $872,000 after buying an additional 458 shares in the last quarter. Finally, Nilsine Partners LLC increased its stake in Union Pacific by 4.6% during the 4th quarter. Nilsine Partners LLC now owns 5,814 shares of the railroad operator’s stock worth $1,326,000 after buying an additional 258 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Union Pacific Stock Up 2.2 %
Shares of NYSE UNP opened at $254.19 on Tuesday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The firm has a fifty day moving average of $234.05 and a 200-day moving average of $239.63. The stock has a market capitalization of $154.10 billion, a PE ratio of 23.34, a P/E/G ratio of 2.12 and a beta of 1.06. 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 Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.11%. Union Pacific’s dividend payout ratio is currently 49.22%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on UNP shares. Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Guggenheim upped their price target on Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research report on Friday. Sanford C. Bernstein dropped their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. JPMorgan Chase & Co. dropped 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. Finally, Royal Bank of Canada dropped their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.30.
Read Our Latest Stock Report on UNP
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.
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