Union Pacific Co. (NYSE:UNP) Shares Bought by Reliant Investment Management LLC

Reliant Investment Management LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP) by 16.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 976 shares of the railroad operator’s stock after buying an additional 138 shares during the period. Reliant Investment Management LLC’s holdings in Union Pacific were worth $223,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Fairscale Capital LLC acquired a new position in shares of Union Pacific in the 2nd quarter valued at $31,000. Jamison Private Wealth Management Inc. lifted its stake 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 valued at $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Down 0.4 %

Shares of NYSE UNP opened at $233.99 on Tuesday. The stock has a market cap of $141.86 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The business has a 50-day moving average price of $233.83 and a 200 day moving average price of $239.04.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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 return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the business posted $2.51 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed 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. 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 payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

UNP has been the topic of several research analyst reports. TD Cowen cut their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Citigroup boosted their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Sanford C. Bernstein cut their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Stifel Nicolaus cut their price target on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. cut their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Nine 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.35.

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.