Mogy Joel R Investment Counsel Inc. Has $10.67 Million Stake in Union Pacific Co. (NYSE:UNP)

Mogy Joel R Investment Counsel Inc. cut its position in Union Pacific Co. (NYSE:UNP) by 14.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,784 shares of the railroad operator’s stock after selling 7,795 shares during the quarter. Mogy Joel R Investment Counsel Inc.’s holdings in Union Pacific were worth $10,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new position in Union Pacific during the second quarter valued at approximately $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Fairscale Capital LLC acquired a new position in shares of Union Pacific during the 2nd quarter worth $31,000. Jamison Private Wealth Management Inc. lifted 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 during the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in Union Pacific in the third quarter valued at about $32,000. Institutional investors own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on UNP shares. JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Sanford C. Bernstein cut their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Stifel Nicolaus decreased their target price on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Raymond James raised their price objective on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a report on Friday, January 10th. Finally, Susquehanna dropped their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.35.

Union Pacific Trading Down 0.4 %

Shares of UNP stock opened at $233.99 on Tuesday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two 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 50 day simple moving average of $233.67 and a two-hundred day simple moving average of $239.10. The company has a market cap of $141.86 billion, a P/E ratio of 21.49, a PEG ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.51 EPS. Research analysts forecast that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

About Union Pacific

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.