Bennett Selby Investments LP Sells 72 Shares of Union Pacific Co. (NYSE:UNP)

Bennett Selby Investments LP reduced its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,690 shares of the railroad operator’s stock after selling 72 shares during the quarter. Union Pacific comprises about 0.7% of Bennett Selby Investments LP’s investment portfolio, making the stock its 25th biggest position. Bennett Selby Investments LP’s holdings in Union Pacific were worth $1,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. grew its position in shares of Union Pacific by 265.7% during the 3rd 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. Dunhill Financial LLC increased its stake in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Finally, Peterson Financial Group Inc. bought a new stake in shares of Union Pacific in the third quarter valued at about $32,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UNP has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. Wells Fargo & Company cut their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Citigroup raised their target price on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday. Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a report on Friday. Finally, Susquehanna reduced their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $262.57.

Union Pacific Stock Up 0.4 %

Union Pacific stock opened at $248.94 on Friday. The business has a 50 day simple moving average of $233.78 and a 200-day simple moving average of $239.22. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The stock has a market capitalization of $150.92 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period in the previous year, the business posted $2.71 EPS. On average, analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.15%. Union Pacific’s payout ratio is currently 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.