Relyea Zuckerberg Hanson LLC Increases Stake in Union Pacific Co. (NYSE:UNP)

Relyea Zuckerberg Hanson LLC grew its holdings in Union Pacific Co. (NYSE:UNP) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,837 shares of the railroad operator’s stock after buying an additional 97 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in Union Pacific were worth $1,103,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the second quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the third quarter valued at $30,000. Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter valued at about $31,000. Jamison Private Wealth Management Inc. boosted its holdings in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific during the 3rd quarter valued at about $32,000. 80.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Robert W. Baird reduced their price target 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. Benchmark reissued a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Sanford C. Bernstein reduced their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Susquehanna lowered their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Barclays upped their price target on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.35.

Union Pacific Price Performance

Shares of Union Pacific stock traded down $1.99 during trading on Friday, reaching $232.90. 627,171 shares of the stock traded hands, compared to its average volume of 2,206,123. 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 company has a market capitalization of $141.20 billion, a price-to-earnings ratio of 21.35, a P/E/G ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The business has a fifty day simple moving average of $234.14 and a two-hundred day simple moving average of $238.82.

Union Pacific (NYSE:UNP) last released its quarterly 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 net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the previous year, the company posted $2.51 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Sell-side analysts expect that Union Pacific Co. will post 10.95 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) 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.