Castlekeep Investment Advisors LLC Makes New Investment in Union Pacific Co. (NYSE:UNP)

Castlekeep Investment Advisors LLC acquired a new stake in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,143,165 shares of the railroad operator's stock, valued at approximately $273,361,000. Union Pacific makes up approximately 1.8% of Castlekeep Investment Advisors LLC's holdings, making the stock its 18th biggest position. Castlekeep Investment Advisors LLC owned 0.19% of Union Pacific as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UNP. abrdn plc grew its position in Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after acquiring an additional 35,414 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator's stock worth $44,348,000 after purchasing an additional 4,939 shares in the last quarter. Border to Coast Pensions Partnership Ltd boosted its position in Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after buying an additional 53,946 shares in the last quarter. Pensionfund Sabic boosted its position in Union Pacific by 61.5% in the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock valued at $2,394,000 after buying an additional 4,000 shares in the last quarter. Finally, Pinnbrook Capital Management LP acquired a new stake in shares of Union Pacific during the fourth quarter worth approximately $3,954,000. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Stifel Nicolaus decreased their price target on Union Pacific from $270.00 to $248.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company cut their price target on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Stephens decreased their price objective on Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Deutsche Bank Aktiengesellschaft initiated coverage on Union Pacific in a research report on Friday, March 7th. They set a "buy" rating and a $295.00 target price for the company. Finally, Raymond James reiterated a "strong-buy" rating on shares of Union Pacific in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $257.86.

Union Pacific Price Performance

Shares of UNP opened at $218.34 on Monday. The firm has a market capitalization of $130.45 billion, a PE ratio of 19.69, a PEG ratio of 2.15 and a beta of 1.06. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The company's 50-day moving average is $228.61 and its 200-day moving average is $234.60. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07.

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

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio is currently 48.29%.

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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