Mission Wealth Management LP raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 70.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,612 shares of the railroad operator’s stock after purchasing an additional 2,728 shares during the period. Mission Wealth Management LP’s holdings in Union Pacific were worth $887,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. Acropolis Investment Management LLC bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $107,000. Acrospire Investment Management LLC increased its position in shares of Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares in the last quarter. Exane Derivatives increased its position in shares of Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after acquiring an additional 1,112 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Union Pacific during the fourth quarter valued at approximately $200,000. Finally, Yorkville Capital Management LLC bought a new stake in shares of Union Pacific during the second quarter valued at approximately $202,000. 79.90% of the stock is owned by institutional investors.
Several brokerages recently weighed in on UNP. Bank of America raised their price target on shares of Union Pacific from $150.00 to $159.00 and gave the company a “buy” rating in a research report on Thursday, March 15th. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Cowen reissued a “market perform” rating and set a $139.00 price target (down previously from $140.00) on shares of Union Pacific in a research report on Wednesday, February 28th. Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 14th. Finally, Argus raised their price target on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the company’s stock. Union Pacific presently has a consensus rating of “Hold” and an average target price of $133.70.
Union Pacific Co. (UNP) opened at $134.87 on Friday. The firm has a market cap of $107,364.85, a price-to-earnings ratio of 9.98, a PEG ratio of 1.70 and a beta of 0.83. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02.
Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. equities research analysts forecast that Union Pacific Co. will post 7.59 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is currently 21.60%.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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