16,720 Shares in Union Pacific Co. (NYSE:UNP) Bought by R.H. Investment Group LLC

R.H. Investment Group LLC bought a new stake in Union Pacific Co. (NYSE:UNP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,720 shares of the railroad operator’s stock, valued at approximately $3,813,000. Union Pacific accounts for approximately 3.6% of R.H. Investment Group LLC’s portfolio, making the stock its 16th biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. World Investment Advisors LLC lifted its stake in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the period. Shellback Capital LP boosted its stake in shares of 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 acquiring an additional 4,400 shares in the last quarter. Peoples Bank KS acquired a new stake in shares of Union Pacific in the 3rd quarter worth approximately $834,000. Maj Invest Holding A S increased its stake in Union Pacific by 0.3% in the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Finally, Pensionfund Sabic raised its holdings in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Union Pacific Price Performance

Union Pacific stock opened at $229.25 on Wednesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year 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 firm has a 50 day moving average price of $234.49 and a 200 day moving average price of $238.87. The company has a market cap of $138.98 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data 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 analysts’ expectations of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.51 earnings per share. Sell-side analysts predict that Union Pacific Co. will post 10.94 earnings per share 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 issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.34%. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on UNP shares. Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and dropped their price target for the company from $254.00 to $247.00 in a research report on Wednesday, September 25th. Barclays lifted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. TD Cowen lowered their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Finally, Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Nine research 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. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.80.

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.