Cvfg LLC Invests $894,000 in Union Pacific Co. (NYSE:UNP)

Cvfg LLC bought a new position in Union Pacific Co. (NYSE:UNP - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 3,921 shares of the railroad operator's stock, valued at approximately $894,000.

Other hedge funds have also added to or reduced their stakes in the company. Chesapeake Wealth Management grew its holdings in shares of Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock worth $1,856,000 after purchasing an additional 43 shares during the last quarter. Traveka Wealth LLC grew its holdings in Union Pacific by 3.4% in the 3rd 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 last quarter. Red Mountain Financial LLC increased its position in shares of Union Pacific by 2.0% in the third quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator's stock valued at $561,000 after acquiring an additional 45 shares during the period. Roble Belko & Company Inc raised its stake in shares of Union Pacific by 26.8% during the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock valued at $49,000 after acquiring an additional 45 shares during the last quarter. Finally, True Link Financial Advisors LLC boosted its holdings 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 worth $990,000 after purchasing an additional 47 shares during the period. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on UNP shares. TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Robert W. Baird dropped their price target on Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Wells Fargo & Company cut their price target 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. Finally, Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a report on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $259.35.

Union Pacific Stock Down 0.4 %

UNP stock traded down $0.90 on Friday, reaching $233.99. 3,643,704 shares of the company traded hands, compared to its average volume of 2,493,791. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a fifty day simple moving average of $233.98 and a 200-day simple moving average of $238.79. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a market cap of $141.86 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $6.14 billion. During the same period in the prior year, the firm earned $2.51 EPS. Union Pacific's revenue for the quarter was up 2.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific's dividend payout ratio 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.