True North Advisors LLC Has $578,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

True North Advisors LLC raised its position in shares of Union Pacific Co. (NYSE:UNP) by 106.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,536 shares of the railroad operator’s stock after purchasing an additional 1,308 shares during the period. True North Advisors LLC’s holdings in Union Pacific were worth $578,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. World Investment Advisors LLC lifted its position in shares of Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after buying an additional 18,060 shares during the last quarter. Shellback Capital LP increased its position in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock worth $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new stake in Union Pacific in the third quarter valued at approximately $834,000. Wealth Enhancement Advisory Services LLC boosted its position in Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after buying an additional 4,939 shares in the last quarter. Finally, Maj Invest Holding A S increased its holdings in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after buying an additional 2,202 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Citigroup boosted their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Barclays lifted 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. Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and decreased their target price for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, TD Cowen lowered their target price on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Nine investment 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

Union Pacific Stock Performance

UNP opened at $235.77 on Thursday. The company has a market cap of $142.94 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.13 and a beta of 1.06. The company’s fifty day moving average price is $233.63 and its two-hundred day moving average price is $239.18. 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.

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

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.

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.