ORG Partners LLC grew its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 20.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,316 shares of the railroad operator’s stock after purchasing an additional 556 shares during the period. ORG Partners LLC’s holdings in Union Pacific were worth $757,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Marshall Wace LLP boosted its stake in Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after purchasing an additional 891,555 shares during the period. Franklin Resources Inc. grew its stake in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Impax Asset Management Group plc increased its position in Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after buying an additional 520,536 shares during the period. Finally, Jennison Associates LLC lifted its stake in Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after buying an additional 464,477 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on UNP. Citigroup raised their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Wells Fargo & Company lowered their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday. Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Benchmark restated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
Union Pacific Trading Down 2.9 %
Shares of UNP opened at $225.11 on Friday. 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 firm’s 50-day moving average is $234.64 and its two-hundred day moving average is $238.62. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a market capitalization of $136.47 billion, a P/E ratio of 20.67, a PEG ratio of 2.33 and a beta of 1.06.
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm 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 business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 EPS. On average, research 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. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.
About Union Pacific
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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