Janney Montgomery Scott LLC Boosts Stock Holdings in Union Pacific Co. (NYSE:UNP)

Janney Montgomery Scott LLC increased its holdings in Union Pacific Co. (NYSE:UNP) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 220,344 shares of the railroad operator’s stock after buying an additional 13,356 shares during the period. Janney Montgomery Scott LLC’s holdings in Union Pacific were worth $50,247,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Traveka Wealth LLC boosted its holdings in shares of Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock worth $335,000 after acquiring an additional 45 shares during the period. Red Mountain Financial LLC boosted its stake in Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock worth $561,000 after purchasing an additional 45 shares during the period. Roble Belko & Company Inc grew its holdings in Union Pacific by 26.8% during the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock valued at $49,000 after buying an additional 45 shares in the last quarter. True Link Financial Advisors LLC increased its position in shares of Union Pacific by 1.2% during the third quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock valued at $990,000 after buying an additional 47 shares during the period. Finally, Dakota Community Bank & Trust NA lifted its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Dakota Community Bank & Trust NA now owns 1,786 shares of the railroad operator’s stock worth $407,000 after buying an additional 49 shares in the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $247.83 on Friday. 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 one year low of $218.55 and a one year high of $258.66. The business’s 50 day simple moving average is $233.54 and its two-hundred day simple moving average is $239.16. The stock has a market capitalization of $150.25 billion, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the prior year, the business earned $2.71 EPS. Analysts forecast that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The firm 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. This represents a $5.36 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is currently 49.22%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Stifel Nicolaus decreased their target price on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their target price 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. Benchmark reiterated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Finally, Robert W. Baird cut their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Nine investment 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $259.35.

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.