Capricorn Fund Managers Ltd Has $4.76 Million Stake in Union Pacific Co. (NYSE:UNP)

Capricorn Fund Managers Ltd reduced its position in shares of Union Pacific Co. (NYSE:UNP) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,879 shares of the railroad operator’s stock after selling 107 shares during the period. Union Pacific makes up about 2.1% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 18th biggest holding. Capricorn Fund Managers Ltd’s holdings in Union Pacific were worth $4,756,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in UNP. State Street Corp lifted its holdings in shares of Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock worth $6,109,829,000 after buying an additional 217,780 shares in the last quarter. Geode Capital Management LLC increased its position in Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after acquiring an additional 182,620 shares during the period. Ameriprise Financial Inc. raised 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 in the last quarter. Franklin Resources Inc. boosted its holdings in Union Pacific by 9.3% in 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 purchasing an additional 625,492 shares during the period. Finally, Fisher Asset Management LLC grew its position in shares of Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of analyst reports. Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Barclays lifted their price objective on Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Robert W. Baird reduced their target price on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company dropped their price target on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Evercore ISI downgraded shares of Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $259.35.

Union Pacific Price Performance

Shares of UNP opened at $233.99 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market cap of $141.86 billion, a PE ratio of 21.49, a PEG ratio of 2.11 and a beta of 1.06. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The business has a 50-day simple moving average of $233.67 and a two-hundred day simple moving average of $239.10.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The firm had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the company earned $2.51 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

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 issued a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.