Chesley Taft & Associates LLC decreased its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,214 shares of the railroad operator’s stock after selling 431 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Union Pacific were worth $11,451,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. World Investment Advisors LLC boosted its holdings in shares of Union Pacific by 103.1% in the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after purchasing an additional 18,060 shares during the period. Shellback Capital LP raised its position in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after purchasing an additional 4,400 shares in the last quarter. Peoples Bank KS bought a new position in shares of Union Pacific during the 3rd quarter worth $834,000. Maj Invest Holding A S increased its stake in shares of Union Pacific by 0.3% during the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after buying an additional 2,202 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares in the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Trading Down 0.4 %
UNP stock opened at $233.99 on Tuesday. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. 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 firm has a market cap of $141.86 billion, a P/E ratio of 21.49, a PEG ratio of 2.11 and a beta of 1.06. The company’s 50-day simple moving average is $233.67 and its 200-day simple moving average is $239.10.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were given 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 was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.
Analysts Set New Price Targets
Several brokerages have issued reports on UNP. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. TD Cowen dropped their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Raymond James lifted their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 10th. Finally, Citigroup increased their target price on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. Nine 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $259.35.
View Our Latest Stock Analysis on UNP
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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