Mitchell Mcleod Pugh & Williams Inc. reduced its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 14.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,877 shares of the railroad operator's stock after selling 1,208 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.'s holdings in Union Pacific were worth $1,568,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the 2nd quarter valued at about $28,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific in the 3rd quarter worth approximately $30,000. Fairscale Capital LLC acquired a new stake in Union Pacific during the second quarter valued at approximately $31,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock worth $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in Union Pacific in the third quarter worth approximately $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Stock Performance
Union Pacific stock traded down $0.90 on Monday, reaching $233.99. 3,643,704 shares of the stock were exchanged, compared to its average volume of 2,141,562. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a fifty day moving average price of $233.83 and a two-hundred day moving average price of $239.04. The stock has a market cap of $141.86 billion, a PE ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06.
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 (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company 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%. The company's revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 EPS. Sell-side analysts anticipate that Union Pacific Co. will post 10.95 EPS for the current year.
Union Pacific Announces Dividend
The firm also recently announced 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 of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. Union Pacific's payout ratio is currently 49.22%.
Analysts Set New Price Targets
Several research firms have recently weighed in on UNP. Robert W. Baird reduced their price objective on Union Pacific from $270.00 to $260.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Bank of America decreased their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a research report on Tuesday, September 24th. Raymond James boosted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock a "strong-buy" rating in a report on Friday, January 10th. Benchmark reiterated a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Finally, Stifel Nicolaus cut their price target on shares of Union Pacific from $262.00 to $253.00 and set a "buy" rating on the stock in a report on Thursday. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.35.
Get Our Latest Stock Report on Union Pacific
Union Pacific Company 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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