Glassy Mountain Advisors Inc. Takes $76,000 Position in Union Pacific Co. (NYSE:UNP)

Glassy Mountain Advisors Inc. purchased a new stake in shares of Union Pacific Co. (NYSE:UNP – Get Rating) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 366 shares of the railroad operator’s stock, valued at approximately $76,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Roberts Wealth Advisors LLC boosted its position in Union Pacific by 265.9% during the fourth quarter. Roberts Wealth Advisors LLC now owns 3,743 shares of the railroad operator’s stock valued at $777,000 after purchasing an additional 2,720 shares during the last quarter. Wilson & Boucher Capital Management LLC boosted its position in Union Pacific by 6.5% during the fourth quarter. Wilson & Boucher Capital Management LLC now owns 3,280 shares of the railroad operator’s stock valued at $679,000 after purchasing an additional 200 shares during the last quarter. Cox Capital Mgt LLC boosted its position in Union Pacific by 3.9% during the fourth quarter. Cox Capital Mgt LLC now owns 5,989 shares of the railroad operator’s stock valued at $1,240,000 after purchasing an additional 223 shares during the last quarter. O Keefe Stevens Advisory Inc. boosted its position in Union Pacific by 17.1% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 7,899 shares of the railroad operator’s stock valued at $1,636,000 after purchasing an additional 1,155 shares during the last quarter. Finally, American National Bank boosted its position in Union Pacific by 2.8% during the fourth quarter. American National Bank now owns 39,935 shares of the railroad operator’s stock valued at $8,269,000 after purchasing an additional 1,096 shares during the last quarter. Hedge funds and other institutional investors own 77.27% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Union Pacific from $215.00 to $207.00 in a research report on Wednesday. Wells Fargo & Company reduced their price target on Union Pacific from $205.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 4th. BMO Capital Markets reduced their price target on Union Pacific from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Wednesday, January 25th. Barclays boosted their price target on Union Pacific from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 11th. Finally, Raymond James dropped their price objective on Union Pacific from $244.00 to $235.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, January 25th. Thirteen equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $218.60.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $190.01 on Friday. The firm has a market cap of $116.26 billion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 1.68 and a beta of 1.10. The firm’s fifty day moving average is $204.40 and its 200-day moving average is $206.84. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.58 and a current ratio of 0.72. Union Pacific Co. has a 52 week low of $183.70 and a 52 week high of $278.94.

Union Pacific (NYSE:UNP – Get Rating) last released its earnings results on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.75 by ($0.08). Union Pacific had a net margin of 28.13% and a return on equity of 58.41%. The firm had revenue of $6.18 billion during the quarter, compared to analyst estimates of $6.26 billion. During the same quarter in the previous year, the firm earned $2.66 EPS. Union Pacific’s quarterly revenue was up 7.8% on a year-over-year basis. Sell-side analysts predict that Union Pacific Co. will post 11.46 earnings per share for the current year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Tuesday, February 28th will be given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Monday, February 27th. Union Pacific’s payout ratio is presently 46.35%.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Elizabeth F. Whited sold 2,500 shares of the company’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $213.00, for a total value of $532,500.00. Following the completion of the sale, the executive vice president now directly owns 39,080 shares of the company’s stock, valued at approximately $8,324,040. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.28% of the stock is currently owned by insiders.

About Union Pacific

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. The company was founded in 1969 and is headquartered in Omaha, NE.