Traveka Wealth LLC Acquires 3,210 Shares of Union Pacific Co. (NYSE:UNP)

Traveka Wealth LLC grew its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 236.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,567 shares of the railroad operator's stock after acquiring an additional 3,210 shares during the quarter. Traveka Wealth LLC's holdings in Union Pacific were worth $1,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific during the second quarter worth about $28,000. Catalyst Capital Advisors LLC purchased a new position in shares of Union Pacific in the 3rd quarter worth approximately $30,000. Fairscale Capital LLC bought a new position in shares of Union Pacific in the second quarter valued at approximately $31,000. Jamison Private Wealth Management Inc. increased its position in shares of Union Pacific by 265.7% during the third 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 during the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific during the third quarter worth $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Shares of UNP stock traded up $2.49 on Tuesday, reaching $229.25. The company's stock had a trading volume of 1,823,352 shares, compared to its average volume of 2,449,819. The company has a market capitalization of $138.98 billion, a P/E ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The stock's 50 day simple moving average is $234.58 and its 200-day simple moving average is $238.85. 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 (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 analysts' consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business's revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.51 EPS. As a group, equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. 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 2.34%. Union Pacific's payout ratio is 49.22%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Stifel Nicolaus decreased their price target on shares of Union Pacific from $265.00 to $262.00 and set a "buy" rating for the company in a research note on Friday, October 25th. Evercore ISI downgraded Union Pacific from an "outperform" rating to an "inline" rating and dropped their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Robert W. Baird decreased their target price 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. Finally, Bank of America dropped their price target on Union Pacific from $273.00 to $270.00 and set a "buy" rating on the stock in a research report on Tuesday, September 24th. Nine research 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. According to data from MarketBeat, Union Pacific currently has an average rating of "Moderate Buy" and an average price target of $259.80.

Union Pacific 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.