UMB Bank n.a. lowered its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 116,391 shares of the railroad operator's stock after selling 4,260 shares during the quarter. UMB Bank n.a.'s holdings in Union Pacific were worth $26,542,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific during the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the third quarter worth $30,000. Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter worth $31,000. Jamison Private Wealth Management Inc. boosted its position in Union Pacific by 265.7% in the third 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 position in Union Pacific in the 3rd quarter valued at $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on UNP shares. TD Cowen dropped their price target on shares of Union Pacific from $255.00 to $252.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. Raymond James increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the stock a "strong-buy" rating in a report on Friday, January 10th. Susquehanna dropped their target price on Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. Finally, Robert W. Baird decreased their target price on shares of Union Pacific from $270.00 to $260.00 and set an "outperform" 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 given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $259.35.
Check Out Our Latest Stock Report on Union Pacific
Union Pacific Trading Down 0.4 %
NYSE UNP traded down $0.90 on Monday, reaching $233.99. 3,643,704 shares of the company were exchanged, compared to its average volume of 2,141,562. The stock has a market capitalization of $141.86 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business's fifty day moving average price is $233.83 and its 200 day moving average price is $239.04. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.
Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. Union Pacific's quarterly revenue was up 2.5% compared to the same quarter last year. Analysts forecast that Union Pacific Co. will post 10.95 earnings per share for the current year.
Union Pacific Dividend Announcement
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 dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. Union Pacific's dividend payout ratio is presently 49.22%.
About Union Pacific
(
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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