Sky Investment Group LLC Increases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Sky Investment Group LLC boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 17.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,273 shares of the railroad operator’s stock after acquiring an additional 954 shares during the period. Sky Investment Group LLC’s holdings in Union Pacific were worth $1,430,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of UNP. Strategic Investment Solutions Inc. IL purchased a new position in shares of Union Pacific during the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Union Pacific in the third quarter worth $30,000. Fairscale Capital LLC bought a new stake in Union Pacific during the second quarter valued at $31,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific in the 3rd quarter worth about $32,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on UNP shares. Susquehanna cut their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Barclays lifted their price objective on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Finally, Sanford C. Bernstein reduced their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Nine equities 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $259.35.

Union Pacific Stock Performance

Union Pacific stock opened at $233.99 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market cap of $141.86 billion, a P/E ratio of 21.49, a P/E/G ratio of 2.11 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 firm has a 50-day moving average of $233.83 and a 200-day moving average of $239.04.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. Union Pacific’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.51 EPS. Sell-side analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Monday, December 9th. 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.