Border to Coast Pensions Partnership Ltd Buys 53,946 Shares of Union Pacific Co. (NYSE:UNP)

Border to Coast Pensions Partnership Ltd boosted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 24.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 277,267 shares of the railroad operator's stock after acquiring an additional 53,946 shares during the quarter. Union Pacific accounts for 1.2% of Border to Coast Pensions Partnership Ltd's holdings, making the stock its 24th largest holding. Border to Coast Pensions Partnership Ltd's holdings in Union Pacific were worth $63,185,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific during the third quarter worth $30,000. Fairscale Capital LLC bought a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock valued at $32,000 after acquiring an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific during the 3rd quarter worth $32,000. Institutional investors and hedge funds own 80.38% of the company's stock.

Union Pacific Stock Performance

Shares of Union Pacific stock traded down $0.90 during trading hours on Friday, hitting $233.99. 3,643,704 shares of the company's stock traded hands, compared to its average volume of 2,141,562. The stock has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. The company has a fifty day simple moving average of $233.83 and a 200-day simple moving average of $238.85. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings results 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 return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analysts' expectations of $6.14 billion. During the same quarter in the previous year, the business earned $2.51 EPS. The company's revenue for the quarter was up 2.5% on a year-over-year basis. Equities research analysts anticipate that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific's dividend payout ratio (DPR) is currently 49.22%.

Analysts Set New Price Targets

A number of brokerages have recently commented on UNP. Evercore ISI lowered Union Pacific from an "outperform" rating to an "inline" rating and cut their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Wells Fargo & Company reduced their target price on shares of Union Pacific from $267.00 to $265.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Susquehanna dropped their price target on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research note on Tuesday, September 24th. Finally, Citigroup upped their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday, November 12th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.35.

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.