Stonegate Investment Group LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Stonegate Investment Group LLC increased its stake in Union Pacific Co. (NYSE:UNP) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,937 shares of the railroad operator’s stock after buying an additional 1,327 shares during the period. Stonegate Investment Group LLC’s holdings in Union Pacific were worth $9,791,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its holdings in shares of Union Pacific by 11.0% in the 2nd quarter. NewEdge Advisors LLC now owns 87,566 shares of the railroad operator’s stock valued at $19,813,000 after purchasing an additional 8,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Union Pacific by 5.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 199,855 shares of the railroad operator’s stock worth $45,218,000 after buying an additional 10,173 shares in the last quarter. Regal Investment Advisors LLC lifted its holdings in Union Pacific by 10.2% during the second quarter. Regal Investment Advisors LLC now owns 1,691 shares of the railroad operator’s stock worth $383,000 after buying an additional 156 shares during the period. Kimelman & Baird LLC bought a new stake in Union Pacific during the 2nd quarter valued at $23,826,000. Finally, EP Wealth Advisors LLC increased its holdings in shares of Union Pacific by 3.0% in the 2nd quarter. EP Wealth Advisors LLC now owns 203,750 shares of the railroad operator’s stock valued at $46,100,000 after acquiring an additional 5,992 shares during the period. Institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. BMO Capital Markets increased their price objective on Union Pacific from $275.00 to $277.00 and gave the company an “outperform” rating in a report on Friday. Citigroup increased their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday. Guggenheim lifted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Robert W. Baird lifted their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $263.30.

Union Pacific Trading Up 2.2 %

Shares of NYSE:UNP opened at $254.19 on Tuesday. The firm has a market capitalization of $154.10 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The business’s 50 day moving average price is $234.05 and its 200-day moving average price is $239.63. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last issued 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 net margin of 27.33% and a return on equity of 41.79%. During the same period last year, the firm posted $2.71 EPS. On average, 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 announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.