Mendel Capital Management LLC Grows Stock Holdings in Union Pacific Co. (NYSE:UNP)

Mendel Capital Management LLC increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.8% in the 4th quarter, HoldingsChannel reports. The firm owned 2,093 shares of the railroad operator’s stock after acquiring an additional 133 shares during the quarter. Mendel Capital Management LLC’s holdings in Union Pacific were worth $477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Compass Financial Services Inc purchased a new position in Union Pacific during the fourth quarter valued at approximately $25,000. Synergy Asset Management LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at approximately $29,000. EnRich Financial Partners LLC acquired a new position in shares of Union Pacific in the 4th quarter valued at $31,000. PrairieView Partners LLC purchased a new stake in Union Pacific during the fourth quarter worth $34,000. Finally, Strategic Investment Solutions Inc. IL increased its holdings in Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock valued at $39,000 after buying an additional 45 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Trading Down 1.0 %

Shares of UNP opened at $213.35 on Friday. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The firm has a market capitalization of $127.86 billion, a P/E ratio of 19.24, a P/E/G ratio of 2.15 and a beta of 1.06. The firm has a 50-day moving average price of $231.67 and a 200 day moving average price of $235.66. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.79 by ($0.09). The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. Sell-side analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific’s dividend payout ratio is presently 48.29%.

Analysts Set New Price Targets

Several brokerages recently weighed in on UNP. Loop Capital lowered Union Pacific from a “hold” rating to a “sell” rating and cut their price target for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus cut their price objective on Union Pacific from $270.00 to $248.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Benchmark upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. TD Cowen lifted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Citigroup raised shares of Union Pacific from a “neutral” rating to a “buy” rating and cut their target price for the stock from $260.00 to $244.00 in a research note on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.00.

Insider Activity

In other news, EVP Craig V. Richardson sold 6,495 shares of the firm’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the completion of the transaction, the executive vice president now directly owns 26,319 shares in the company, valued at $6,632,388. This trade represents a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.28% of the company’s stock.

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.