Segment Wealth Management LLC Acquires 562 Shares of Union Pacific Co. (NYSE:UNP)

Segment Wealth Management LLC lifted its stake in Union Pacific Co. (NYSE:UNPFree Report) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,335 shares of the railroad operator’s stock after purchasing an additional 562 shares during the period. Segment Wealth Management LLC’s holdings in Union Pacific were worth $12,847,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in UNP. Marshall Wace LLP boosted its holdings in 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 buying 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% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after acquiring an additional 891,555 shares during the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Impax Asset Management Group plc increased its stake in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares in the last quarter. Finally, Jennison Associates LLC raised its holdings in Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after purchasing an additional 464,477 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UNP. Raymond James boosted their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a report on Friday, January 10th. Sanford C. Bernstein decreased their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Robert W. Baird dropped their price target on 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 reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

Check Out Our Latest Stock Analysis on UNP

Union Pacific Price Performance

Shares of NYSE UNP opened at $233.99 on Tuesday. 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 business has a 50-day moving average of $233.83 and a 200-day moving average of $239.04. The stock has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.11 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:UNPGet Free Report) last posted 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 company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, sell-side analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend 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%.

About Union Pacific

(Free Report)

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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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