Union Pacific Co. (NYSE:UNP) Shares Purchased by Addenda Capital Inc.

Addenda Capital Inc. boosted its holdings in Union Pacific Co. (NYSE:UNP) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,340 shares of the railroad operator’s stock after purchasing an additional 225 shares during the quarter. Addenda Capital Inc.’s holdings in Union Pacific were worth $6,007,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the second quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at about $30,000. Fairscale Capital LLC bought a new position in Union Pacific in the 2nd quarter valued at about $31,000. Jamison Private Wealth Management Inc. grew its position in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analysts Set New Price Targets

UNP has been the subject of a number of recent analyst reports. Benchmark reiterated a “buy” rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research report on Wednesday, October 9th. Citigroup raised their price objective 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. Stifel Nicolaus reduced their price objective on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Finally, Susquehanna reduced their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $259.35.

Union Pacific Trading Down 0.4 %

Shares of Union Pacific stock opened at $233.99 on Tuesday. The company’s fifty day simple moving average is $233.83 and its 200-day simple moving average is $239.04. The company has a market cap of $141.86 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 2.11 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last announced 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). The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.51 EPS. As a group, sell-side analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.29%. Union Pacific’s dividend payout ratio (DPR) is currently 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.