Union Pacific Co. (NYSE:UNP) Shares Bought by Ballentine Partners LLC

Ballentine Partners LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 17.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,375 shares of the railroad operator’s stock after buying an additional 2,407 shares during the period. Ballentine Partners LLC’s holdings in Union Pacific were worth $3,734,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific during the third quarter worth $30,000. Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the second quarter valued at about $31,000. Jamison Private Wealth Management Inc. raised its position 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 buying an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Union Pacific in the third quarter worth about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Wells Fargo & Company dropped their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus dropped their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Raymond James increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research note on Friday, January 10th. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Nine investment 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.35.

Union Pacific Stock Down 0.4 %

UNP stock opened at $233.99 on Tuesday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company’s 50 day moving average price is $233.83 and its 200 day moving average price is $239.04. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm 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 (NYSE:UNP) last announced its quarterly 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). 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 last year, the firm earned $2.51 earnings per share. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current fiscal 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 given a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio is presently 49.22%.

Union Pacific Company 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.