Sage Capital Advisors llc Acquires 69 Shares of Union Pacific Co. (NYSE:UNP)

Sage Capital Advisors llc raised its stake in Union Pacific Co. (NYSE:UNP) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,195 shares of the railroad operator’s stock after buying an additional 69 shares during the quarter. Sage Capital Advisors llc’s holdings in Union Pacific were worth $3,693,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Marshall Wace LLP lifted its position in Union Pacific by 272.3% in the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after acquiring an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC boosted its position in Union Pacific by 19,878.6% during the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after acquiring an additional 891,555 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Impax Asset Management Group plc raised its holdings in shares of Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after purchasing an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after purchasing an additional 464,477 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on UNP shares. Evercore ISI cut shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price target for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Royal Bank of Canada dropped their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Raymond James boosted their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday. Finally, Susquehanna cut their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Price Performance

Shares of UNP traded down $4.53 during trading hours on Friday, hitting $227.29. 965,270 shares of the company were exchanged, compared to its average volume of 2,283,012. The company has a market cap of $137.80 billion, a price-to-earnings ratio of 20.87, a P/E/G ratio of 2.33 and a beta of 1.06. The firm’s fifty day moving average is $234.80 and its 200 day moving average is $238.63. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. 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 (NYSE:UNP) last released its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the prior year, the business earned $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.36%. Union Pacific’s payout ratio is 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.