Koshinski Asset Management Inc. raised its holdings in Union Pacific Co. (NYSE:UNP – Free Report) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,155 shares of the railroad operator’s stock after purchasing an additional 72 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Union Pacific were worth $1,404,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of UNP. Thrivent Financial for Lutherans grew its stake in shares of Union Pacific by 13.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 120,394 shares of the railroad operator’s stock worth $27,240,000 after purchasing an additional 14,388 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in Union Pacific by 179.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,427 shares of the railroad operator’s stock valued at $1,907,000 after buying an additional 5,416 shares during the period. Sagefield Capital LP increased its holdings in Union Pacific by 5.1% in the second quarter. Sagefield Capital LP now owns 30,310 shares of the railroad operator’s stock valued at $6,858,000 after buying an additional 1,473 shares in the last quarter. Marshall Wace LLP raised its position in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after acquiring an additional 1,227,318 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Union Pacific by 18.5% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 250,193 shares of the railroad operator’s stock valued at $56,609,000 after acquiring an additional 39,066 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Up 1.1 %
Shares of UNP opened at $236.73 on Wednesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market capitalization of $143.52 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.11 and a beta of 1.06. The firm has a 50-day moving average price of $233.67 and a 200 day moving average price of $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 Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on UNP. Bank of America reduced their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. 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. Stifel Nicolaus cut their price target on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Citigroup increased their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Finally, Benchmark restated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. 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. According to MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $259.35.
View Our Latest Stock Analysis on UNP
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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