Fort Washington Investment Advisors Inc. OH raised its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,115 shares of the railroad operator’s stock after purchasing an additional 5,091 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Union Pacific were worth $52,536,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also made changes to their positions in the company. Caitlin John LLC purchased a new position in shares of Union Pacific during the third quarter valued at $27,000. Saranac Partners Ltd purchased a new stake in Union Pacific in the third quarter worth about $27,000. Howard Hughes Medical Institute purchased a new stake in Union Pacific in the second quarter worth about $30,000. Total Investment Management Inc. bought a new position in Union Pacific during the 2nd quarter worth about $31,000. Finally, Beacon Financial Strategies CORP bought a new position in Union Pacific during the 4th quarter worth about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on UNP shares. Evercore upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price target for the company in a report on Thursday, March 19th. JPMorgan Chase & Co. dropped their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 28th. Weiss Ratings raised shares of Union Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $245.00 target price on Union Pacific in a report on Thursday, December 11th. Finally, Royal Bank Of Canada set a $280.00 target price on Union Pacific in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $264.86.
Union Pacific Stock Performance
Shares of UNP opened at $238.91 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 1.64. The firm has a market cap of $141.77 billion, a PE ratio of 19.96, a P/E/G ratio of 2.63 and a beta of 0.95. Union Pacific Corporation has a 12 month low of $204.66 and a 12 month high of $268.14. The stock has a fifty day moving average price of $248.16 and a 200-day moving average price of $234.77.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a net margin of 29.12% and a return on equity of 40.89%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same period in the prior year, the company earned $2.91 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Equities research analysts predict that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $1.38 per share. The ex-dividend date is Friday, February 27th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.3%. Union Pacific’s payout ratio is presently 46.12%.
Union Pacific Company Profile
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
See Also
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