Procyon Advisors LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 17.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,586 shares of the railroad operator's stock after acquiring an additional 3,537 shares during the quarter. Procyon Advisors LLC's holdings in Union Pacific were worth $5,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also modified their holdings of the company. One Capital Management LLC purchased a new position in shares of Union Pacific during the 2nd quarter valued at $208,000. Seven Eight Capital LP purchased a new position in shares of Union Pacific in the second quarter valued at about $1,139,000. Miramar Capital LLC boosted its stake in shares of Union Pacific by 0.3% in the second quarter. Miramar Capital LLC now owns 53,184 shares of the railroad operator's stock worth $12,033,000 after acquiring an additional 180 shares during the period. Intech Investment Management LLC grew its position in shares of Union Pacific by 41.9% during the second quarter. Intech Investment Management LLC now owns 44,869 shares of the railroad operator's stock worth $10,152,000 after purchasing an additional 13,244 shares in the last quarter. Finally, Ieq Capital LLC raised its stake in Union Pacific by 1.6% during the 2nd quarter. Ieq Capital LLC now owns 28,408 shares of the railroad operator's stock valued at $6,427,000 after purchasing an additional 444 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.
Union Pacific Trading Down 0.4 %
NYSE UNP traded down $0.90 on Friday, reaching $233.99. The stock had a trading volume of 3,643,704 shares, 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 stock has a fifty day moving average price of $233.83 and a two-hundred day moving average price of $238.85. The firm has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 2.02 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79.
Union Pacific (NYSE:UNP - Get Free Report) last announced 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). The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.51 EPS. As a group, sell-side analysts forecast that Union Pacific Co. will post 10.95 EPS for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors 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 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific's payout ratio is currently 49.22%.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the stock. StockNews.com downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, October 1st. Royal Bank of Canada decreased their price target on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Raymond James raised their price objective on Union Pacific from $260.00 to $265.00 and gave the company a "strong-buy" rating in a research report on Friday, January 10th. Evercore ISI downgraded Union Pacific from an "outperform" rating to an "inline" rating and decreased their target price for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Finally, Susquehanna cut their price target on Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $259.35.
Read Our Latest Report on Union Pacific
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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