Tealwood Asset Management Inc. increased its position in Union Pacific Co. (NYSE:UNP - Free Report) by 50.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,619 shares of the railroad operator's stock after buying an additional 4,893 shares during the quarter. Union Pacific accounts for approximately 1.4% of Tealwood Asset Management Inc.'s investment portfolio, making the stock its 10th largest position. Tealwood Asset Management Inc.'s holdings in Union Pacific were worth $3,334,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the business. Grandview Asset Management LLC acquired a new position in shares of Union Pacific in the 4th quarter worth approximately $222,000. Traveka Wealth LLC boosted its position in shares of Union Pacific by 236.6% during the 4th quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock worth $1,041,000 after purchasing an additional 3,210 shares in the last quarter. BCS Wealth Management acquired a new stake in Union Pacific in the fourth quarter valued at approximately $631,000. PFW Advisors LLC bought a new stake in Union Pacific during the 4th quarter valued at $773,000. Finally, Marion Wealth Management increased its position in shares of Union Pacific by 1.8% during the fourth quarter. Marion Wealth Management now owns 6,168 shares of the railroad operator's stock worth $1,407,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 80.38% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Susquehanna cut their target price on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a "buy" rating for the company in a research report on Friday, October 25th. Finally, Barclays boosted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. 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 company's stock. Based on data from MarketBeat.com, Union Pacific has an average rating of "Moderate Buy" and an average price target of $259.80.
Get Our Latest Analysis on UNP
Union Pacific Trading Up 1.1 %
Shares of UNP traded up $2.49 during trading hours on Tuesday, hitting $229.25. The company had a trading volume of 1,823,352 shares, compared to its average volume of 2,449,819. 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 Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The stock's 50 day moving average price is $234.58 and its 200 day moving average price is $238.85. The firm has a market cap of $138.98 billion, a P/E ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results 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 firm had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.51 earnings per share. On average, research analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.
Union Pacific Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors 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 annualized dividend and a yield of 2.34%. Union Pacific's payout ratio is 49.22%.
Union Pacific Profile
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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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