Union Pacific Co. (NYSE:UNP) Stock Position Decreased by Nexus Investment Management ULC

Nexus Investment Management ULC cut its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 12.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,460 shares of the railroad operator's stock after selling 1,500 shares during the period. Nexus Investment Management ULC's holdings in Union Pacific were worth $2,385,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific in the second quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new position in Union Pacific during the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator's stock valued at $32,000 after purchasing an additional 93 shares in the last quarter. Fairscale Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $31,000. Finally, Dunhill Financial LLC grew its holdings in Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator's stock valued at $32,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company's stock.

Union Pacific Stock Down 0.4 %

Shares of UNP traded down $0.90 during trading on Friday, reaching $233.99. The company's stock had a trading volume of 3,643,704 shares, compared to its average volume of 2,141,562. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $141.86 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 2.02 and a beta of 1.06. The company has a fifty day moving average of $233.83 and a two-hundred day moving average of $238.95.

Union Pacific (NYSE:UNP - Get Free Report) last issued its 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 company had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.51 EPS. On average, sell-side analysts predict that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific's dividend payout ratio is presently 49.22%.

Analyst Ratings Changes

Several brokerages have recently issued reports on UNP. Raymond James upped their price objective on Union Pacific from $260.00 to $265.00 and gave the company a "strong-buy" rating in a research report on Friday, January 10th. Bank of America lowered their price target on shares of Union Pacific from $273.00 to $270.00 and set a "buy" rating for the company in a report on Tuesday, September 24th. 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 report on Friday, October 25th. Citigroup boosted their price target on Union Pacific from $255.00 to $267.00 and gave the company a "neutral" rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada lowered their price objective on Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Nine investment 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 stock. Based on data from MarketBeat, Union Pacific presently has an average rating of "Moderate Buy" and an average target price of $259.35.

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.