Fort Washington Investment Advisors Inc. OH raised its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 16.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 178,175 shares of the railroad operator’s stock after buying an additional 25,289 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Union Pacific were worth $40,631,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of UNP. 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 acquiring an additional 18,060 shares in the last quarter. Shellback Capital LP boosted its stake in shares of Union Pacific by 28.2% in the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares during the period. Peoples Bank KS purchased a new position in shares of Union Pacific in the third quarter valued at approximately $834,000. Maj Invest Holding A S grew its holdings in shares of 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 valued at $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Union Pacific by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after buying an additional 4,939 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.
Union Pacific Stock Up 1.1 %
Shares of NYSE UNP opened at $236.73 on Wednesday. The stock has a market cap of $143.52 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. 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 $233.67 and a 200 day moving average price of $239.10. 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 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.26%. Union Pacific’s payout ratio is 49.22%.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on UNP shares. Citigroup increased their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Susquehanna reduced their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Evercore ISI downgraded 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. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Finally, TD Cowen decreased their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $259.35.
Read Our Latest Analysis on UNP
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.
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