Foster & Motley Inc. Has $4.03 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Foster & Motley Inc. reduced its holdings in shares of Union Pacific Co. (NYSE:UNP) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,401 shares of the railroad operator’s stock after selling 395 shares during the quarter. Foster & Motley Inc.’s holdings in Union Pacific were worth $4,028,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UNP. International Assets Investment Management LLC boosted its stake in Union Pacific by 2.1% in the third quarter. International Assets Investment Management LLC now owns 3,857 shares of the railroad operator’s stock valued at $781,000 after acquiring an additional 78 shares during the last quarter. Summit Global Investments boosted its stake in Union Pacific by 17.2% in the third quarter. Summit Global Investments now owns 3,482 shares of the railroad operator’s stock valued at $709,000 after acquiring an additional 512 shares during the last quarter. Douglas Lane & Associates LLC boosted its stake in Union Pacific by 6.7% in the third quarter. Douglas Lane & Associates LLC now owns 3,744 shares of the railroad operator’s stock valued at $762,000 after acquiring an additional 234 shares during the last quarter. Impact Partnership Wealth LLC boosted its stake in Union Pacific by 285.3% in the third quarter. Impact Partnership Wealth LLC now owns 420 shares of the railroad operator’s stock valued at $86,000 after acquiring an additional 311 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC purchased a new position in Union Pacific in the third quarter valued at about $402,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $236.07 on Tuesday. The company’s fifty day moving average price is $245.03 and its 200-day moving average price is $234.40. The firm has a market capitalization of $144.03 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.51 and a beta of 1.07. Union Pacific Co. has a one year low of $190.37 and a one year high of $258.66. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analyst estimates of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.67 EPS. On average, equities research analysts anticipate that Union Pacific Co. will post 11.01 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.20%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s dividend payout ratio is currently 49.71%.

Insider Activity at Union Pacific

In related news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.26% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on UNP. Jefferies Financial Group began coverage on shares of Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 target price on the stock. UBS Group upped their price target on shares of Union Pacific from $235.00 to $248.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. TD Cowen upped their price target on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Susquehanna upped their price target on shares of Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research note on Thursday, March 28th. Finally, Raymond James upped their price target on shares of Union Pacific from $240.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Tuesday, January 16th. Seven 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. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $255.00.

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.