Stolper Co raised its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 27,623 shares of the railroad operator’s stock after acquiring an additional 269 shares during the quarter. Union Pacific makes up 2.1% of Stolper Co’s portfolio, making the stock its 19th biggest position. Stolper Co’s holdings in Union Pacific were worth $6,299,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of the business. Marshall Wace LLP increased its holdings in Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock valued at $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after acquiring an additional 891,555 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Union Pacific by 9.3% in the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after acquiring an additional 625,492 shares during the last quarter. Impax Asset Management Group plc raised its position in shares of Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock valued at $134,636,000 after acquiring an additional 520,536 shares during the period. Finally, Jennison Associates LLC boosted its stake in Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock worth $181,470,000 after acquiring an additional 464,477 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 0.7 %
Union Pacific stock opened at $231.00 on Thursday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a 50-day moving average of $234.49 and a 200-day moving average of $238.87. The company has a market cap of $140.05 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66.
Union Pacific Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the stock. Raymond James increased their target price on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday, January 10th. Barclays raised their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. BMO Capital Markets decreased their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. TD Cowen lowered their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, 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. Nine 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.80.
Check Out Our Latest Analysis on UNP
Union Pacific Company 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.
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