Monterey Private Wealth Inc. Purchases 168 Shares of Union Pacific Co. (NYSE:UNP)

Monterey Private Wealth Inc. boosted its position in shares of Union Pacific Co. (NYSE:UNP) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,358 shares of the railroad operator’s stock after acquiring an additional 168 shares during the period. Monterey Private Wealth Inc.’s holdings in Union Pacific were worth $310,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Transform Wealth LLC boosted its holdings in Union Pacific by 494.3% in the fourth quarter. Transform Wealth LLC now owns 5,444 shares of the railroad operator’s stock worth $1,241,000 after acquiring an additional 4,528 shares in the last quarter. Clear Harbor Asset Management LLC raised its holdings in shares of Union Pacific by 1.1% in the fourth quarter. Clear Harbor Asset Management LLC now owns 25,620 shares of the railroad operator’s stock worth $5,842,000 after buying an additional 290 shares during the last quarter. Segment Wealth Management LLC lifted its stake in shares of Union Pacific by 1.0% during the fourth quarter. Segment Wealth Management LLC now owns 56,335 shares of the railroad operator’s stock worth $12,847,000 after buying an additional 562 shares during the period. Lmcg Investments LLC grew its holdings in shares of Union Pacific by 71.7% during the fourth quarter. Lmcg Investments LLC now owns 32,910 shares of the railroad operator’s stock valued at $7,505,000 after buying an additional 13,748 shares during the last quarter. Finally, Aspiriant LLC raised its stake in Union Pacific by 2.3% in the 4th quarter. Aspiriant LLC now owns 8,093 shares of the railroad operator’s stock worth $1,846,000 after acquiring an additional 181 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Susquehanna cut their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird reduced 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 report on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Barclays increased their price target on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Trading Down 0.4 %

Shares of Union Pacific stock opened at $233.99 on Tuesday. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm’s 50-day moving average price is $233.67 and its 200 day moving average price is $239.10. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $141.86 billion, a PE ratio of 21.49, a P/E/G ratio of 2.11 and a beta of 1.06.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.51 earnings per share. On average, sell-side analysts predict that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

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.