Stokes Capital Advisors LLC Purchases 144 Shares of Union Pacific Co. (NYSE:UNP)

Stokes Capital Advisors LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,069 shares of the railroad operator’s stock after purchasing an additional 144 shares during the period. Stokes Capital Advisors LLC’s holdings in Union Pacific were worth $5,945,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at $30,000. Fairscale Capital LLC bought a new position in shares of Union Pacific in the second quarter worth about $31,000. Jamison Private Wealth Management Inc. lifted its holdings in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in shares of Union Pacific during the third quarter worth $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Down 0.4 %

Union Pacific stock opened at $233.99 on Monday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. 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 has a 50 day moving average of $233.83 and a 200-day moving average of $238.95. The stock 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 (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $2.51 EPS. On average, equities research analysts anticipate that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Robert W. Baird decreased their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company lowered their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Citigroup boosted their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. Sanford C. Bernstein reduced their price objective 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. Finally, Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.35.

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.