Matthew Goff Investment Advisor LLC Lowers Stock Position in Union Pacific Co. (NYSE:UNP)

Matthew Goff Investment Advisor LLC decreased its position in Union Pacific Co. (NYSE:UNP) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,609 shares of the railroad operator’s stock after selling 87 shares during the period. Union Pacific comprises 1.1% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 29th biggest position. Matthew Goff Investment Advisor LLC’s holdings in Union Pacific were worth $6,068,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. MFA Wealth Services acquired a new position in Union Pacific in the 4th quarter worth about $1,144,000. Wells Trecaso Financial Group LLC increased its position in shares of Union Pacific by 0.5% in the fourth quarter. Wells Trecaso Financial Group LLC now owns 23,903 shares of the railroad operator’s stock valued at $5,451,000 after buying an additional 121 shares in the last quarter. Cornerstone Wealth Management LLC raised its position in Union Pacific by 75.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 5,356 shares of the railroad operator’s stock worth $1,221,000 after acquiring an additional 2,296 shares during the period. Donoghue Forlines LLC raised its position in shares of Union Pacific by 38.8% during the 4th quarter. Donoghue Forlines LLC now owns 6,714 shares of the railroad operator’s stock worth $1,531,000 after purchasing an additional 1,876 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC lifted its stake in Union Pacific by 2.8% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 78,024 shares of the railroad operator’s stock valued at $17,793,000 after buying an additional 2,089 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on UNP shares. Robert W. Baird raised their target price on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday. Susquehanna decreased their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Citigroup upped their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. Finally, Royal Bank of Canada lowered their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.90.

Union Pacific Price Performance

UNP stock opened at $247.83 on Friday. The business has a 50 day moving average price of $233.54 and a 200 day moving average price of $239.16. The stock has a market cap of $150.25 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 2.12 and a beta of 1.06. 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 quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company earned $2.71 EPS. Equities research analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently announced 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 2.16%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is currently 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.