Lebenthal Global Advisors LLC Increases Stock Position in Union Pacific Co. (NYSE:UNP)

Lebenthal Global Advisors LLC raised its position in Union Pacific Co. (NYSE:UNP) by 12.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,392 shares of the railroad operator’s stock after purchasing an additional 266 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Union Pacific were worth $545,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Baldwin Wealth Partners LLC MA lifted its stake in Union Pacific by 2.5% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 64,807 shares of the railroad operator’s stock worth $14,779,000 after acquiring an additional 1,558 shares during the period. Foundations Investment Advisors LLC raised its holdings in Union Pacific by 4.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 2,997 shares of the railroad operator’s stock worth $683,000 after purchasing an additional 122 shares in the last quarter. James Hambro & Partners LLP lifted its position in shares of Union Pacific by 5.0% in the 4th quarter. James Hambro & Partners LLP now owns 375,924 shares of the railroad operator’s stock worth $85,776,000 after purchasing an additional 17,996 shares during the period. Valued Wealth Advisors LLC boosted its stake in shares of Union Pacific by 181.8% during the 4th quarter. Valued Wealth Advisors LLC now owns 403 shares of the railroad operator’s stock valued at $92,000 after purchasing an additional 260 shares in the last quarter. Finally, Parkside Investments LLC increased its position in shares of Union Pacific by 3.5% during the fourth quarter. Parkside Investments LLC now owns 48,931 shares of the railroad operator’s stock valued at $11,158,000 after buying an additional 1,666 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Up 2.2 %

UNP stock opened at $254.19 on Tuesday. The company has a market cap of $154.10 billion, a price-to-earnings ratio of 23.34, a P/E/G ratio of 2.12 and a beta of 1.06. 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 business’s 50-day moving average is $234.05 and its two-hundred day moving average is $239.63. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm posted $2.71 EPS. As a group, analysts forecast that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The firm 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. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on UNP. Royal Bank of Canada cut their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Raymond James reissued a “strong-buy” rating and set a $285.00 price objective (up previously from $265.00) on shares of Union Pacific in a research report on Friday. BMO Capital Markets upped their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Citigroup increased their price target on shares of Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average target price of $263.30.

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.