Galvin Gaustad & Stein LLC Has $17.79 Million Holdings in Union Pacific Co. (NYSE:UNP)

Galvin Gaustad & Stein LLC raised its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,024 shares of the railroad operator’s stock after purchasing an additional 2,089 shares during the period. Union Pacific accounts for approximately 1.6% of Galvin Gaustad & Stein LLC’s holdings, making the stock its 25th biggest holding. Galvin Gaustad & Stein LLC’s holdings in Union Pacific were worth $17,793,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of UNP. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific in the 3rd quarter valued at approximately $32,000. Finally, Dunhill Financial LLC raised its position in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

NYSE:UNP opened at $245.17 on Thursday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. 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 fifty day simple moving average of $233.54 and a 200 day simple moving average of $239.16. The stock has a market capitalization of $148.64 billion, a PE ratio of 22.51, a P/E/G ratio of 2.13 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm earned $2.71 earnings per share. On average, research analysts expect that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders 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 yield of 2.19%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on UNP shares. Raymond James increased their price target on shares of Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research report on Friday, January 10th. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Finally, Citigroup raised their target price on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Nine equities research 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $259.35.

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.