Beacon Investment Advisory Services Inc. cut its holdings in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 47.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,627 shares of the railroad operator’s stock after selling 51,878 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Union Pacific were worth $12,913,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter worth $30,000. Jamison Private Wealth Management Inc. grew its holdings 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. Dunhill Financial LLC increased its stake in shares of Union Pacific by 111.5% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 68 shares during the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of Union Pacific during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Stock Down 0.4 %
UNP stock opened at $235.77 on Thursday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The company’s 50 day moving average price is $233.54 and its 200 day moving average price is $239.16. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $142.94 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 2.13 and a beta of 1.06.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.
Analyst Upgrades and Downgrades
UNP has been the topic of a number of analyst reports. Stifel Nicolaus reduced their target price on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Citigroup upped their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Sanford C. Bernstein decreased their price target on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, Robert W. Baird lowered their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. 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 company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $259.35.
Read Our Latest 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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