Union Pacific Co. (NYSE:UNP) Stake Raised by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC boosted its holdings in Union Pacific Co. (NYSE:UNP) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,597 shares of the railroad operator’s stock after acquiring an additional 151 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Union Pacific were worth $820,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors LLC grew its position in Union Pacific by 103.1% in the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after buying an additional 18,060 shares in the last quarter. Shellback Capital LP increased its stake in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after acquiring an additional 4,400 shares during the period. Peoples Bank KS bought a new stake in Union Pacific during the third quarter worth approximately $834,000. Maj Invest Holding A S lifted its position in Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares during the period. Finally, Pensionfund Sabic boosted its stake in Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock valued at $2,394,000 after purchasing an additional 4,000 shares in the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP opened at $233.99 on Friday. 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 firm has a 50-day moving average price of $233.83 and a 200 day moving average price of $238.85. The firm has a market capitalization of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS 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 during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the firm earned $2.51 EPS. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Research analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. Stifel Nicolaus dropped their price objective on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Raymond James boosted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday, January 10th. 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 report on Tuesday, November 12th. Finally, Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, eleven have given 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 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.