XML Financial LLC grew its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,528 shares of the railroad operator’s stock after buying an additional 99 shares during the period. XML Financial LLC’s holdings in Union Pacific were worth $2,173,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after acquiring an additional 217,780 shares during the period. Geode Capital Management LLC lifted its holdings in Union Pacific by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after purchasing an additional 182,620 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the period. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock valued at $1,795,993,000 after buying an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of Union Pacific by 2.3% during the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after buying an additional 143,896 shares during the period. Institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Up 1.1 %
Shares of NYSE:UNP opened at $236.73 on Wednesday. The stock has a market capitalization of $143.52 billion, a P/E ratio of 21.74, a price-to-earnings-growth ratio of 2.11 and a beta of 1.06. The stock’s 50-day moving average price is $233.67 and its 200-day moving average price is $239.10. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66.
Union Pacific Dividend Announcement
The company also recently declared 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 yield of 2.26%. Union Pacific’s payout ratio is currently 49.22%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Sanford C. Bernstein reduced their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Citigroup increased their price objective on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Robert W. Baird reduced their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Raymond James raised their price target on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a report on Friday, January 10th. Nine 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $259.35.
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.
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