O Keefe Stevens Advisory Inc. boosted its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 16.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,706 shares of the railroad operator’s stock after purchasing an additional 2,548 shares during the quarter. Union Pacific makes up 1.2% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 22nd biggest holding. O Keefe Stevens Advisory Inc.’s holdings in Union Pacific were worth $4,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Seven Eight Capital LP purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $1,139,000. Intech Investment Management LLC increased its holdings in Union Pacific by 41.9% in the second quarter. Intech Investment Management LLC now owns 44,869 shares of the railroad operator’s stock valued at $10,152,000 after buying an additional 13,244 shares during the last quarter. Ieq Capital LLC raised its stake in Union Pacific by 1.6% in the second quarter. Ieq Capital LLC now owns 28,408 shares of the railroad operator’s stock valued at $6,427,000 after buying an additional 444 shares in the last quarter. Clifford Group LLC boosted its position in shares of Union Pacific by 1.7% during the 2nd quarter. Clifford Group LLC now owns 3,360 shares of the railroad operator’s stock worth $760,000 after acquiring an additional 56 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Union Pacific by 9.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 17,008 shares of the railroad operator’s stock valued at $3,848,000 after acquiring an additional 1,443 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.
Analysts Set New Price Targets
UNP has been the subject of several recent analyst reports. BMO Capital Markets decreased their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Barclays upped their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Sanford C. Bernstein cut their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Finally, Bank of America decreased their target price on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.
Union Pacific Trading Down 0.4 %
NYSE:UNP opened at $233.99 on Friday. The stock has a market capitalization of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The stock has a fifty day moving average price of $233.98 and a two-hundred day moving average price of $238.79. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the business earned $2.51 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The company also recently announced 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 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%.
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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