Central Valley Advisors LLC raised its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,113 shares of the railroad operator’s stock after purchasing an additional 605 shares during the period. Union Pacific accounts for 0.9% of Central Valley Advisors LLC’s portfolio, making the stock its 26th largest holding. Central Valley Advisors LLC’s holdings in Union Pacific were worth $2,078,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of UNP. State Street Corp boosted its stake in Union Pacific by 0.9% during the 3rd quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC raised its stake in Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after purchasing an additional 182,620 shares during the last quarter. Ameriprise Financial Inc. grew its position in Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in Union Pacific by 2.3% during the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after acquiring an additional 143,896 shares during the period. Institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 1.7 %
NYSE UNP opened at $234.88 on Friday. The stock’s 50 day moving average price is $234.14 and its two-hundred day moving average price is $238.82. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a market capitalization of $142.40 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.02 and a beta of 1.06.
Union Pacific Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a dividend of $1.34 per share. 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 2.28%. Union Pacific’s payout ratio is 49.22%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on UNP. Raymond James increased their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research note on Friday, January 10th. Robert W. Baird cut their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. BMO Capital Markets lowered their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, September 20th. TD Cowen dropped their target price on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and decreased their price target for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.
View Our Latest Research Report on Union Pacific
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.
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