AlTi Global Inc. Purchases 4,499 Shares of Union Pacific Co. (NYSE:UNP)

AlTi Global Inc. increased its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 45.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,394 shares of the railroad operator's stock after acquiring an additional 4,499 shares during the quarter. AlTi Global Inc.'s holdings in Union Pacific were worth $3,306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Compass Financial Services Inc acquired a new position in shares of Union Pacific during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at approximately $29,000. EnRich Financial Partners LLC bought a new position in shares of Union Pacific during the 4th quarter worth about $31,000. PrairieView Partners LLC bought a new position in Union Pacific during the fourth quarter valued at about $34,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Union Pacific by 38.8% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 161 shares of the railroad operator's stock valued at $39,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on UNP. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target for the company in a research note on Wednesday, April 16th. Wells Fargo & Company dropped their target price on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Jefferies Financial Group decreased their price target on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Raymond James reaffirmed a "strong-buy" rating on shares of Union Pacific in a research note on Friday, April 25th. Finally, Citigroup upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and cut their target price for the stock from $260.00 to $244.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $257.86.

Union Pacific Stock Performance

UNP stock traded up $0.80 during midday trading on Wednesday, reaching $214.00. 3,238,606 shares of the company's stock traded hands, compared to its average volume of 2,595,572. The company has a 50-day moving average price of $227.40 and a two-hundred day moving average price of $234.26. The firm has a market capitalization of $127.86 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77. Union Pacific Co. has a 52 week low of $204.66 and a 52 week high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 earnings per share for the quarter, missing the consensus estimate of $2.73 by ($0.03). Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. During the same period in the previous year, the business earned $2.69 EPS. The business's revenue was down .1% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were given a dividend of $1.34 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $5.36 annualized dividend and a yield of 2.50%. Union Pacific's payout ratio is currently 48.29%.

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.