Affinity Wealth Management LLC Decreases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Affinity Wealth Management LLC cut its stake in Union Pacific Co. (NYSE:UNP) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,683 shares of the railroad operator’s stock after selling 254 shares during the quarter. Affinity Wealth Management LLC’s holdings in Union Pacific were worth $3,804,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Traveka Wealth LLC grew its position in Union Pacific by 3.4% in the third quarter. Traveka Wealth LLC now owns 1,357 shares of the railroad operator’s stock valued at $335,000 after acquiring an additional 45 shares in the last quarter. Red Mountain Financial LLC grew its holdings in Union Pacific by 2.0% during the 3rd quarter. Red Mountain Financial LLC now owns 2,276 shares of the railroad operator’s stock valued at $561,000 after purchasing an additional 45 shares in the last quarter. Roble Belko & Company Inc increased its stake in Union Pacific by 26.8% during the 4th quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator’s stock worth $49,000 after buying an additional 45 shares during the period. Pflug Koory LLC lifted its holdings in Union Pacific by 0.5% in the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator’s stock worth $1,954,000 after buying an additional 45 shares in the last quarter. Finally, True Link Financial Advisors LLC boosted its position in Union Pacific by 1.2% in the 3rd quarter. True Link Financial Advisors LLC now owns 4,016 shares of the railroad operator’s stock valued at $990,000 after buying an additional 47 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.4 %

UNP stock opened at $248.94 on Friday. The firm has a market cap of $150.92 billion, a PE ratio of 22.86, a P/E/G ratio of 2.12 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The firm has a 50 day simple moving average of $234.05 and a 200 day simple moving average of $239.40. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period last year, the business posted $2.71 earnings per share. Equities research analysts forecast that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on UNP shares. Citigroup upped their target price on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday. Stifel Nicolaus increased their price objective on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Friday. Raymond James reissued a “strong-buy” rating and issued a $285.00 target price (up previously from $265.00) on shares of Union Pacific in a research report on Friday. Wells Fargo & Company reduced their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. decreased their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $262.57.

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.