Union Pacific Co. (NYSE:UNP) Shares Acquired by Cohen Capital Management Inc.

Cohen Capital Management Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 0.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,504 shares of the railroad operator’s stock after acquiring an additional 102 shares during the period. Union Pacific comprises approximately 0.9% of Cohen Capital Management Inc.’s portfolio, making the stock its 29th largest position. Cohen Capital Management Inc.’s holdings in Union Pacific were worth $5,288,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Silver Oak Advisory Group Inc. acquired a new position in shares of Union Pacific during the fourth quarter worth $219,000. Allegheny Financial Group LTD lifted its position in Union Pacific by 22.5% in the fourth quarter. Allegheny Financial Group LTD now owns 10,885 shares of the railroad operator’s stock valued at $2,674,000 after acquiring an additional 2,000 shares during the last quarter. Silver Oak Securities Incorporated purchased a new stake in Union Pacific in the fourth quarter valued at $238,000. BNP Paribas purchased a new stake in Union Pacific in the first quarter valued at $1,088,000. Finally, Nordea Investment Management AB lifted its position in Union Pacific by 46.9% in the fourth quarter. Nordea Investment Management AB now owns 87,905 shares of the railroad operator’s stock valued at $21,596,000 after acquiring an additional 28,052 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on UNP shares. Jefferies Financial Group began coverage on shares of Union Pacific in a research report on Monday, April 8th. They issued a “hold” rating and a $250.00 price target for the company. Susquehanna reduced their target price on shares of Union Pacific from $270.00 to $250.00 and set a “neutral” rating for the company in a report on Tuesday, June 25th. TD Cowen upped their target price on shares of Union Pacific from $252.00 to $258.00 and gave the company a “buy” rating in a report on Friday, April 26th. Sanford C. Bernstein reduced their target price on shares of Union Pacific from $290.00 to $273.00 and set an “outperform” rating for the company in a report on Monday. Finally, Benchmark increased their price target on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $258.63.

Union Pacific Trading Up 1.9 %

Shares of UNP traded up $4.25 on Thursday, hitting $228.66. 1,517,926 shares of the stock traded hands, compared to its average volume of 2,271,542. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $139.51 billion, a P/E ratio of 21.82, a P/E/G ratio of 1.90 and a beta of 1.06. The stock’s 50 day moving average is $231.01 and its two-hundred day moving average is $239.30. Union Pacific Co. has a 1 year low of $199.33 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.19. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.67 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 11.22 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, May 31st were issued a $1.30 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.27%. Union Pacific’s dividend payout ratio (DPR) is presently 49.62%.

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.