Union Pacific Co. (NYSE:UNP) Shares Acquired by Hoese & Co LLP

Hoese & Co LLP lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 3,076.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 413 shares of the railroad operator’s stock after purchasing an additional 400 shares during the quarter. Hoese & Co LLP’s holdings in Union Pacific were worth $102,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Barden Capital Management Inc. lifted its stake in shares of Union Pacific by 12.0% during the fourth quarter. Barden Capital Management Inc. now owns 4,948 shares of the railroad operator’s stock worth $1,215,000 after purchasing an additional 529 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Union Pacific by 9.8% during the fourth quarter. Baird Financial Group Inc. now owns 1,738,841 shares of the railroad operator’s stock valued at $427,094,000 after purchasing an additional 155,111 shares during the period. Bain Capital Public Equity LP acquired a new position in shares of Union Pacific during the fourth quarter worth $2,505,000. Bain Capital Public Equity Management II LLC purchased a new position in shares of Union Pacific in the fourth quarter valued at $87,888,000. Finally, Harbert Fund Advisors Inc. purchased a new stake in Union Pacific during the 4th quarter worth $774,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Trading Up 0.5 %

Shares of Union Pacific stock opened at $238.84 on Friday. The business has a fifty day simple moving average of $245.63 and a 200-day simple moving average of $238.62. The firm has a market cap of $145.50 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. Union Pacific Co. has a fifty-two week low of $199.97 and a fifty-two week high of $258.66. The company has a quick ratio of 0.86, a current ratio of 1.05 and a debt-to-equity ratio of 1.89.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.03. Union Pacific had a return on equity of 42.62% and a net margin of 26.90%. The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $6.05 billion. During the same period last year, the company posted $2.57 EPS. The company’s revenue was up .7% compared to the same quarter last year. On average, equities analysts forecast that Union Pacific Co. will post 11.1 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were given a $1.34 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. This represents a $5.36 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Friday, August 30th. Union Pacific’s dividend payout ratio (DPR) is 50.33%.

Insider Activity

In other news, President Elizabeth F. Whited sold 3,552 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the sale, the president now owns 64,945 shares in the company, valued at $16,014,787.55. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

UNP has been the subject of a number of analyst reports. Stifel Nicolaus reduced their price target on Union Pacific from $267.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. BMO Capital Markets decreased their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Benchmark reiterated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Citigroup initiated coverage on shares of Union Pacific in a research note on Wednesday. They issued a “neutral” rating and a $264.00 target price on the stock. Finally, Susquehanna increased their price target on shares of Union Pacific from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Nine equities research 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 MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average target price of $259.50.

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.