O Keefe Stevens Advisory Inc. Purchases 2,548 Shares of Union Pacific Co. (NYSE:UNP)

O Keefe Stevens Advisory Inc. grew its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 16.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,706 shares of the railroad operator's stock after acquiring an additional 2,548 shares during the period. Union Pacific accounts for approximately 1.2% of O Keefe Stevens Advisory Inc.'s holdings, making the stock its 22nd largest position. O Keefe Stevens Advisory Inc.'s holdings in Union Pacific were worth $4,038,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter valued at approximately $30,000. Fairscale Capital LLC bought a new position in shares of Union Pacific in the 2nd quarter valued at approximately $31,000. Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% in the 3rd 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. bought a new stake in Union Pacific during the third quarter worth approximately $32,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of NYSE UNP traded down $0.90 during midday trading on Friday, reaching $233.99. 3,643,704 shares of the company traded hands, compared to its average volume of 2,141,562. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock's 50-day simple moving average is $233.83 and its 200-day simple moving average is $238.95. The firm has a market cap of $141.86 billion, a PE ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last announced 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 net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business earned $2.51 earnings per share. The company's revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date was Monday, December 9th. Union Pacific's payout ratio is presently 49.22%.

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. StockNews.com cut shares of Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, October 1st. Bank of America cut their target price on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research report on Tuesday, September 24th. Barclays raised 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. Stifel Nicolaus lowered their price objective on shares of Union Pacific from $262.00 to $253.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a report on Tuesday, November 12th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.