Donoghue Forlines LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 38.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,714 shares of the railroad operator’s stock after acquiring an additional 1,876 shares during the quarter. Donoghue Forlines LLC’s holdings in Union Pacific were worth $1,531,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in UNP. Galvin Gaustad & Stein LLC lifted its position in Union Pacific by 2.8% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 78,024 shares of the railroad operator’s stock worth $17,793,000 after acquiring an additional 2,089 shares during the last quarter. Capital Planning Advisors LLC lifted its position in shares of Union Pacific by 3.1% in the 4th quarter. Capital Planning Advisors LLC now owns 18,046 shares of the railroad operator’s stock worth $4,115,000 after acquiring an additional 548 shares during the period. Mutual Advisors LLC boosted its stake in Union Pacific by 36.6% during the fourth quarter. Mutual Advisors LLC now owns 12,972 shares of the railroad operator’s stock worth $3,047,000 after buying an additional 3,478 shares in the last quarter. True North Advisors LLC boosted its position in shares of Union Pacific by 106.5% during the 4th quarter. True North Advisors LLC now owns 2,536 shares of the railroad operator’s stock valued at $578,000 after acquiring an additional 1,308 shares in the last quarter. Finally, Rothschild & Co Wealth Management UK Ltd acquired a new stake in Union Pacific during the fourth quarter valued at approximately $6,080,000. 80.38% of the stock is owned by institutional investors.
Union Pacific Trading Up 4.9 %
Shares of NYSE UNP opened at $247.30 on Thursday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The stock has a market cap of $149.93 billion, a price-to-earnings ratio of 22.61, a P/E/G ratio of 2.13 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company’s fifty day moving average is $233.54 and its 200-day moving average is $239.16.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid 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 2.17%. Union Pacific’s payout ratio is 49.22%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the stock. Benchmark restated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Stifel Nicolaus lowered their price target on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Robert W. Baird reduced their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Raymond James lifted their target price on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research note on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $259.35.
Check Out Our Latest Research Report on UNP
About Union Pacific
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.
Further Reading
- Five stocks we like better than Union Pacific
- When to Sell a Stock for Profit or Loss
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
- What Are the U.K. Market Holidays? How to Invest and Trade
- GitLab: AI-Driven DevSecOps Innovation Sets It Apart
- How Technical Indicators Can Help You Find Oversold StocksÂ
- DigitalOcean’s AI Potential: A Game-Changer for Growth
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Co. (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.