Pines Wealth Management LLC Invests $588,000 in Union Pacific Co. (NYSE:UNP)

Pines Wealth Management LLC bought a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,609 shares of the railroad operator's stock, valued at approximately $588,000.

A number of other institutional investors have also recently made changes to their positions in the business. World Investment Advisors LLC lifted its stake in shares of Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock valued at $8,770,000 after purchasing an additional 18,060 shares during the last quarter. Shellback Capital LP increased its position in Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock valued at $4,525,000 after acquiring an additional 4,400 shares during the last quarter. Peoples Bank KS purchased a new stake in shares of Union Pacific in the third quarter valued at $834,000. Maj Invest Holding A S lifted its holdings in shares of Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock worth $166,645,000 after acquiring an additional 2,202 shares during the last quarter. Finally, Pensionfund Sabic boosted its stake in shares of Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after purchasing an additional 4,000 shares during the period. Institutional investors own 80.38% of the company's stock.

Union Pacific Stock Up 0.7 %

Shares of UNP stock traded up $1.62 during mid-day 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 stock has a market cap of $140.05 billion, a P/E ratio of 21.21, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. 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 stock's fifty day moving average is $234.49 and its two-hundred day moving average is $238.87.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific's revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.51 EPS. Equities analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. Union Pacific's payout ratio is currently 49.22%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UNP. Robert W. Baird decreased their price objective on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. StockNews.com cut Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Benchmark reiterated a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. JPMorgan Chase & Co. lowered their target price on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Finally, Susquehanna reduced their price target on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and an average price target of $259.80.

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.