Apella Capital LLC lifted its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,178 shares of the railroad operator’s stock after buying an additional 193 shares during the period. Apella Capital LLC’s holdings in Union Pacific were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL purchased a new position in Union Pacific in the 2nd quarter worth approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. increased 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 during the last quarter. Fairscale Capital LLC purchased a new position in Union Pacific during the second quarter worth approximately $31,000. Finally, Dunhill Financial LLC boosted its stake in Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $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.
Analysts Set New Price Targets
A number of analysts have issued reports on the company. Robert W. Baird cut their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen cut their price objective on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Sanford C. Bernstein reduced their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Bank of America dropped their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research note on Tuesday, September 24th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Nine equities 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.80.
Union Pacific Stock Up 0.7 %
Shares of NYSE:UNP opened at $231.00 on Thursday. The firm has a market capitalization of $140.05 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm’s 50-day moving average is $234.49 and its two-hundred day moving average is $238.87.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share 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 business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same period in the previous year, the company earned $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts predict that Union Pacific Co. will post 10.95 EPS for the current year.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is currently 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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