Simon Quick Advisors LLC Acquires 537 Shares of Union Pacific Co. (NYSE:UNP)

Simon Quick Advisors LLC boosted its holdings in shares of Union Pacific Co. (NYSE:UNP) by 16.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,826 shares of the railroad operator’s stock after acquiring an additional 537 shares during the quarter. Simon Quick Advisors LLC’s holdings in Union Pacific were worth $873,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the 2nd quarter worth $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific in the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. raised its position in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the last quarter. Dunhill Financial LLC lifted its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the period. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific in the third quarter valued at approximately $32,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

Shares of UNP opened at $235.77 on Thursday. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a 50 day moving average price of $233.63 and a two-hundred day moving average price of $239.18. The firm has a market capitalization of $142.94 billion, a P/E ratio of 21.65, a P/E/G ratio of 2.13 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted its 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the previous year, the company earned $2.51 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. Equities analysts forecast that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

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

Analyst Ratings Changes

UNP has been the subject of several analyst reports. Citigroup raised their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. Stifel Nicolaus dropped their target price on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Robert W. Baird cut their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Sanford C. Bernstein lowered their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.35.

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.