Waverly Advisors LLC Acquires 3,606 Shares of Union Pacific Co. (NYSE:UNP)

Waverly Advisors LLC grew its position in Union Pacific Co. (NYSE:UNP) by 16.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,356 shares of the railroad operator’s stock after acquiring an additional 3,606 shares during the quarter. Waverly Advisors LLC’s holdings in Union Pacific were worth $5,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Woodline Partners LP grew its holdings in shares of Union Pacific by 75.9% in the fourth quarter. Woodline Partners LP now owns 80,349 shares of the railroad operator’s stock worth $18,323,000 after purchasing an additional 34,658 shares during the last quarter. Victrix Investment Advisors bought a new position in Union Pacific during the 4th quarter worth about $389,000. Sone Capital Management LLC bought a new position in Union Pacific during the 4th quarter worth about $1,845,000. Vident Advisory LLC grew its holdings in Union Pacific by 2.8% during the 4th quarter. Vident Advisory LLC now owns 14,093 shares of the railroad operator’s stock worth $3,214,000 after acquiring an additional 384 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its holdings in Union Pacific by 18.3% during the 4th quarter. Vivaldi Capital Management LP now owns 2,135 shares of the railroad operator’s stock worth $487,000 after acquiring an additional 331 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $228.35 on Wednesday. The firm has a market capitalization of $136.43 billion, a P/E ratio of 20.59, a PEG ratio of 2.15 and a beta of 1.07. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a 50 day moving average price of $223.88 and a 200 day moving average price of $233.63. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The company had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.69 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific’s payout ratio is currently 48.29%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Stephens dropped their target price on shares of Union Pacific from $275.00 to $255.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 24th. BMO Capital Markets increased their target price on shares of Union Pacific from $275.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Citigroup upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and dropped their target price for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $257.50.

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.