Columbia River Financial Group LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 6,442 shares of the railroad operator’s stock, valued at approximately $1,469,000. Union Pacific makes up 1.0% of Columbia River Financial Group LLC’s holdings, making the stock its 23rd largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of UNP. Compass Financial Services Inc bought a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific during the 4th quarter worth approximately $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth $31,000. PrairieView Partners LLC bought a new position in shares of Union Pacific in the 4th quarter worth $34,000. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in shares of Union Pacific by 38.8% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator’s stock worth $39,000 after purchasing an additional 45 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the company. Redburn Atlantic upgraded Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price on the stock in a report on Wednesday, April 16th. TD Cowen increased their target price on Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Stifel Nicolaus cut their target price on Union Pacific from $270.00 to $248.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Wells Fargo & Company cut their target price on Union Pacific from $265.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, March 27th. Finally, Robert W. Baird increased their target price on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $257.50.
Union Pacific Trading Down 0.3%
Shares of Union Pacific stock opened at $222.18 on Friday. Union Pacific Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The firm has a market cap of $132.75 billion, a PE ratio of 20.03, a P/E/G ratio of 2.15 and a beta of 1.07. The stock has a fifty day moving average price of $223.00 and a 200-day moving average price of $233.43. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62.
Union Pacific (NYSE:UNP – Get Free Report) last announced its earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the prior year, the business earned $2.69 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Friday, May 30th. Union Pacific’s dividend payout ratio is presently 48.29%.
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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