Union Pacific Co. (NYSE:UNP) Shares Purchased by Grove Bank & Trust

Grove Bank & Trust grew its position in shares of Union Pacific Co. (NYSE:UNP) by 30.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,515 shares of the railroad operator’s stock after purchasing an additional 1,056 shares during the period. Grove Bank & Trust’s holdings in Union Pacific were worth $1,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Artemis Investment Management LLP increased its position in shares of Union Pacific by 80.8% during the fourth quarter. Artemis Investment Management LLP now owns 18,913 shares of the railroad operator’s stock worth $4,313,000 after acquiring an additional 8,452 shares during the period. Kelly Financial Services LLC acquired a new stake in Union Pacific in the fourth quarter valued at approximately $3,813,000. Aaron Wealth Advisors LLC lifted its stake in Union Pacific by 8.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 4,930 shares of the railroad operator’s stock worth $1,124,000 after acquiring an additional 403 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its holdings in Union Pacific by 12.7% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,468 shares of the railroad operator’s stock worth $335,000 after acquiring an additional 166 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. increased its position in shares of Union Pacific by 19.6% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 2,103 shares of the railroad operator’s stock valued at $482,000 after purchasing an additional 345 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Stifel Nicolaus dropped their price target on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Finally, Sanford C. Bernstein decreased 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 note on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Stock Down 0.4 %

UNP stock opened at $233.99 on Monday. The company’s 50-day moving average price is $233.83 and its 200 day moving average price is $238.95. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The company has a market cap of $141.86 billion, a P/E ratio of 21.49, a P/E/G ratio of 2.02 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% on a year-over-year basis. On average, research analysts expect that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Union Pacific Company 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.