BigSur Wealth Management LLC Has $698,000 Stock Holdings in Union Pacific Co. (NYSE:UNP)

BigSur Wealth Management LLC lifted its position in Union Pacific Co. (NYSE:UNP) by 3.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,063 shares of the railroad operator’s stock after purchasing an additional 107 shares during the period. BigSur Wealth Management LLC’s holdings in Union Pacific were worth $698,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of UNP. Marshall Wace LLP lifted its position in shares of Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the last quarter. International Assets Investment Management LLC increased its position in Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock worth $220,856,000 after buying an additional 891,555 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares during the last quarter. Impax Asset Management Group plc lifted its holdings in shares of Union Pacific by 2,025.4% during the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after buying an additional 520,536 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in shares of Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after acquiring an additional 464,477 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Down 0.4 %

Shares of UNP opened at $233.99 on Monday. The company has a market capitalization of $141.86 billion, a P/E ratio of 21.49, a PEG ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The business’s 50 day simple moving average is $233.83 and its 200-day simple moving average is $238.95. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion during 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 revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.51 earnings per share. As a group, sell-side analysts predict that Union Pacific Co. will post 10.95 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.29%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is 49.22%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. TD Cowen cut 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. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research note on Friday, October 25th. Wells Fargo & Company decreased their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Citigroup upped their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Finally, Robert W. Baird decreased their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.