HB Wealth Management LLC Buys 1,290 Shares of Union Pacific Co. (NYSE:UNP)

HB Wealth Management LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,007 shares of the railroad operator's stock after acquiring an additional 1,290 shares during the period. HB Wealth Management LLC's holdings in Union Pacific were worth $10,263,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of UNP. State Street Corp increased its stake in shares of Union Pacific by 0.9% in the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC boosted its stake in Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock valued at $3,146,451,000 after buying an additional 182,620 shares in the last quarter. Ameriprise Financial Inc. grew its position in Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock valued at $1,880,701,000 after acquiring an additional 106,996 shares during the last quarter. Franklin Resources Inc. raised its stake in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock worth $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock worth $1,549,271,000 after acquiring an additional 143,896 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Evercore ISI lowered shares of Union Pacific from an "outperform" rating to an "inline" rating and decreased their price target for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. StockNews.com downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Citigroup increased their price target on Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research note on Tuesday, November 12th. Stifel Nicolaus reduced their price objective on Union Pacific from $262.00 to $253.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Royal Bank of Canada cut their price target 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. Nine research 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 MarketBeat, Union Pacific has an average rating of "Moderate Buy" and a consensus target price of $259.35.

Union Pacific Trading Down 0.4 %

Shares of NYSE:UNP traded down $0.90 during mid-day trading on Friday, hitting $233.99. The company had a trading volume of 3,643,704 shares, compared to its average volume of 2,141,562. The company has a market capitalization of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a fifty day moving average price of $233.83 and a 200 day moving average price of $238.95. 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 (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the company earned $2.51 EPS. Union Pacific's revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 10.95 EPS for the current year.

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 paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. Union Pacific's dividend payout ratio (DPR) is presently 49.22%.

Union Pacific 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.