Cable Hill Partners LLC lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 7.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,659 shares of the railroad operator’s stock after selling 275 shares during the period. Union Pacific comprises about 0.2% of Cable Hill Partners LLC’s holdings, making the stock its 29th largest holding. Cable Hill Partners LLC’s holdings in Union Pacific were worth $762,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the business. FMR LLC lifted its stake in Union Pacific by 22.8% during the fourth quarter. FMR LLC now owns 10,276,326 shares of the railroad operator’s stock worth $2,139,736,000 after purchasing an additional 1,908,977 shares during the last quarter. Jennison Associates LLC lifted its stake in Union Pacific by 3.6% during the fourth quarter. Jennison Associates LLC now owns 5,594,366 shares of the railroad operator’s stock worth $1,164,859,000 after purchasing an additional 196,770 shares during the last quarter. Morgan Stanley lifted its stake in Union Pacific by 11.6% during the third quarter. Morgan Stanley now owns 4,788,037 shares of the railroad operator’s stock worth $942,621,000 after purchasing an additional 496,432 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Union Pacific by 3.5% during the fourth quarter. Fisher Asset Management LLC now owns 4,293,051 shares of the railroad operator’s stock worth $893,899,000 after purchasing an additional 146,686 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Union Pacific by 3.8% in the 4th quarter. Alliancebernstein L.P. now owns 2,475,228 shares of the railroad operator’s stock valued at $515,392,000 after acquiring an additional 89,616 shares during the last quarter. 77.83% of the stock is owned by hedge funds and other institutional investors.
Shares of UNP stock traded down $0.34 during midday trading on Tuesday, reaching $206.49. 23,834 shares of the stock were exchanged, compared to its average volume of 2,950,529. Union Pacific Co. has a 1 year low of $105.08 and a 1 year high of $221.28. The company’s 50 day moving average is $209.10 and its two-hundred day moving average is $200.61. The company has a current ratio of 1.06, a quick ratio of 0.93 and a debt-to-equity ratio of 1.52. The firm has a market cap of $138.31 billion, a PE ratio of 26.35, a price-to-earnings-growth ratio of 2.33 and a beta of 1.11.
Union Pacific (NYSE:UNP) last posted its earnings results on Wednesday, January 20th. The railroad operator reported $2.36 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. Union Pacific had a return on equity of 31.71% and a net margin of 27.40%. During the same quarter in the prior year, the business posted $2.02 EPS. As a group, equities analysts expect that Union Pacific Co. will post 8.02 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 31st. Investors of record on Friday, February 26th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Thursday, February 25th. This represents a $3.88 annualized dividend and a dividend yield of 1.88%. Union Pacific’s payout ratio is currently 46.30%.
A number of equities research analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on Union Pacific from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Monday, January 11th. TD Securities boosted their target price on Union Pacific from $225.00 to $230.00 and gave the company a “hold” rating in a research note on Monday, January 11th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their target price on Union Pacific from $215.00 to $250.00 in a research note on Monday, January 11th. Credit Suisse Group lowered their target price on Union Pacific from $249.00 to $243.00 and set an “outperform” rating for the company in a research note on Friday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Union Pacific from $220.00 to $239.00 and gave the company a “buy” rating in a research note on Monday, November 30th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $203.38.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.
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