Claro Advisors LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 27.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,576 shares of the railroad operator’s stock after selling 585 shares during the quarter. Claro Advisors LLC’s holdings in Union Pacific were worth $359,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP boosted its holdings in shares of Union Pacific by 272.3% during the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. International Assets Investment Management LLC boosted its stake in 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 worth $220,856,000 after buying an additional 891,555 shares during the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after buying an additional 625,492 shares during the period. Impax Asset Management Group plc increased its stake in shares of Union Pacific by 2,025.4% during the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in shares of Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after acquiring an additional 464,477 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages recently commented on UNP. 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 report on Friday, October 25th. Raymond James increased their target price on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 10th. Bank of America lowered 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. Robert W. Baird cut their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Nine investment 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $259.80.
Union Pacific Trading Up 1.1 %
Shares of NYSE:UNP opened at $229.25 on Wednesday. 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’s 50-day moving average price is $234.49 and its 200 day moving average price is $238.87. The company has a market cap of $138.98 billion, a PE ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.
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). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the firm posted $2.51 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Sell-side analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.
Union Pacific Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders 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 dividend yield of 2.34%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.
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.
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