R.H. Investment Group LLC acquired a new position in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 16,720 shares of the railroad operator's stock, valued at approximately $3,813,000. Union Pacific accounts for about 3.6% of R.H. Investment Group LLC's portfolio, making the stock its 16th biggest holding.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the second quarter worth about $28,000. Catalyst Capital Advisors LLC purchased a new stake in Union Pacific during the third quarter valued at approximately $30,000. Fairscale Capital LLC acquired a new stake in Union Pacific in the second quarter valued at approximately $31,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter worth $32,000. 80.38% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and lowered their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a report on Tuesday, September 24th. BMO Capital Markets lowered their target price on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a research note on Friday, September 20th. Finally, Citigroup boosted their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. Nine 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $259.80.
Check Out Our Latest Stock Report on UNP
Union Pacific Stock Performance
Shares of NYSE:UNP traded up $1.62 during trading on Wednesday, hitting $231.00. 1,892,336 shares of the stock traded hands, compared to its average volume of 2,382,285. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a fifty day moving average price of $234.49 and a two-hundred day moving average price of $238.87. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The company has a market cap of $140.05 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 analysts' expectations of $6.14 billion. During the same period in the previous year, the firm posted $2.51 EPS. The firm's quarterly revenue was up 2.5% on a year-over-year basis. As a group, equities analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. 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 2.32%. Union Pacific's dividend payout ratio is currently 49.22%.
Union Pacific Profile
(
Free Report)
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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