Union Pacific Co. (NYSE:UNP) Holdings Lifted by Rockland Trust Co.

Rockland Trust Co. raised its position in Union Pacific Co. (NYSE:UNP - Free Report) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 122,162 shares of the railroad operator's stock after buying an additional 7,277 shares during the period. Union Pacific comprises 1.4% of Rockland Trust Co.'s investment portfolio, making the stock its 23rd biggest position. Rockland Trust Co.'s holdings in Union Pacific were worth $27,858,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Chesapeake Wealth Management boosted its stake in Union Pacific by 0.5% in the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator's stock valued at $1,856,000 after acquiring an additional 43 shares in the last quarter. Traveka Wealth LLC lifted its holdings in shares of Union Pacific by 3.4% in the 3rd quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator's stock valued at $335,000 after purchasing an additional 45 shares during the last quarter. Red Mountain Financial LLC boosted its position in shares of Union Pacific by 2.0% in the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator's stock valued at $561,000 after purchasing an additional 45 shares during the period. True Link Financial Advisors LLC grew its stake in Union Pacific by 1.2% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator's stock worth $990,000 after buying an additional 47 shares during the last quarter. Finally, Alpha Financial Partners LLC increased its position in Union Pacific by 3.6% during the second quarter. Alpha Financial Partners LLC now owns 1,453 shares of the railroad operator's stock worth $329,000 after buying an additional 50 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Benchmark reissued a "buy" rating and issued a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Susquehanna lowered their price objective on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Raymond James lifted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company a "strong-buy" rating in a research note on Friday, January 10th. Sanford C. Bernstein decreased their target price on shares of Union Pacific from $277.00 to $272.00 and set an "outperform" rating for the company in a research note on Wednesday, October 9th. Finally, TD Cowen dropped their price target on Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Nine 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. Based on data from MarketBeat.com, Union Pacific currently has an average rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Stock Performance

Shares of Union Pacific stock traded up $1.62 on Wednesday, reaching $231.00. 1,892,336 shares of the company were exchanged, compared to its average volume of 2,387,871. The firm has a market cap of $140.05 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 2.33 and a beta of 1.06. The company's 50-day moving average is $234.49 and its two-hundred day moving average is $238.87. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last issued 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). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $2.51 earnings per share. As a group, research analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal 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 issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Monday, December 9th. Union Pacific's dividend payout ratio (DPR) is presently 49.22%.

Union Pacific Company 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.