Zeke Capital Advisors LLC lifted its holdings in Union Pacific Co. (NYSE:UNP) by 63.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,341 shares of the railroad operator’s stock after acquiring an additional 4,420 shares during the period. Zeke Capital Advisors LLC’s holdings in Union Pacific were worth $1,315,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Pathstone Family Office LLC grew its holdings in Union Pacific by 41.3% during the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after purchasing an additional 52 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in Union Pacific by 46.6% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares in the last quarter. Acrospire Investment Management LLC grew its holdings in Union Pacific by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares in the last quarter. Community Bank N.A. grew its holdings in Union Pacific by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after purchasing an additional 45 shares in the last quarter. Finally, Jacobi Capital Management LLC grew its holdings in Union Pacific by 6.6% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares in the last quarter. 78.47% of the stock is owned by institutional investors.
Union Pacific Co. (NYSE UNP) opened at $141.25 on Friday. The firm has a market cap of $111,187.63, a price-to-earnings ratio of 24.96, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. Union Pacific Co. has a fifty-two week low of $101.06 and a fifty-two week high of $142.19.
Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same period last year, the firm posted $1.36 EPS. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. sell-side analysts predict that Union Pacific Co. will post 5.79 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th were given a $0.665 dividend. This is an increase from Union Pacific’s previous quarterly dividend of $0.61. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Wednesday, November 29th. Union Pacific’s dividend payout ratio (DPR) is presently 47.00%.
A number of equities research analysts recently weighed in on the stock. Morgan Stanley raised their price target on shares of Union Pacific from $100.00 to $104.00 and gave the company an “equal weight” rating in a report on Tuesday, October 31st. Goldman Sachs Group started coverage on shares of Union Pacific in a report on Monday, November 13th. They set a “sell” rating and a $103.00 price target for the company. Wolfe Research raised shares of Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Daiwa Capital Markets raised shares of Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday, January 11th. Finally, Citigroup lowered shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 price objective for the company. in a report on Wednesday, October 4th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $125.16.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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