Matrix Asset Advisors Inc. NY Buys 821 Shares of Union Pacific Co. (NYSE:UNP)

Matrix Asset Advisors Inc. NY raised its stake in Union Pacific Co. (NYSE:UNP) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,721 shares of the railroad operator’s stock after buying an additional 821 shares during the period. Union Pacific comprises about 1.7% of Matrix Asset Advisors Inc. NY’s investment portfolio, making the stock its 26th biggest position. Matrix Asset Advisors Inc. NY’s holdings in Union Pacific were worth $15,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in UNP. Griffin Asset Management Inc. grew its position in Union Pacific by 2.6% in the fourth quarter. Griffin Asset Management Inc. now owns 11,621 shares of the railroad operator’s stock worth $2,650,000 after acquiring an additional 296 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its stake in Union Pacific by 6.7% during the fourth quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 10,436 shares of the railroad operator’s stock worth $2,380,000 after purchasing an additional 657 shares during the last quarter. Buffington Mohr McNeal boosted its holdings in shares of Union Pacific by 13.6% in the 4th quarter. Buffington Mohr McNeal now owns 3,823 shares of the railroad operator’s stock worth $872,000 after purchasing an additional 458 shares in the last quarter. Nilsine Partners LLC increased its position in shares of Union Pacific by 4.6% during the 4th quarter. Nilsine Partners LLC now owns 5,814 shares of the railroad operator’s stock valued at $1,326,000 after purchasing an additional 258 shares during the last quarter. Finally, Slow Capital Inc. raised its holdings in shares of Union Pacific by 7.4% during the 4th quarter. Slow Capital Inc. now owns 12,315 shares of the railroad operator’s stock valued at $2,808,000 after buying an additional 847 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $254.19 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $154.10 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The firm’s 50 day moving average price is $234.05 and its 200-day moving average price is $239.63. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter last year, the firm earned $2.71 earnings per share. Equities research analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

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 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 2.11%. Union Pacific’s payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. TD Cowen upped their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Friday. Benchmark upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a “buy” rating in a research note on Friday. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Citigroup upped their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Guggenheim lifted their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $263.30.

Union Pacific 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.