Eagle Global Advisors LLC Boosts Stake in Union Pacific Co. (NYSE:UNP)

Eagle Global Advisors LLC boosted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,178 shares of the railroad operator's stock after purchasing an additional 3,560 shares during the period. Eagle Global Advisors LLC's holdings in Union Pacific were worth $8,706,000 at the end of the most recent quarter.

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

Union Pacific Trading Down 1.5 %

Shares of NYSE:UNP opened at $213.27 on Wednesday. Union Pacific Co. has a 12-month low of $204.66 and a 12-month high of $258.07. The business's fifty day simple moving average is $227.40 and its 200-day simple moving average is $234.26. The company has a market capitalization of $127.43 billion, a PE ratio of 19.23, a P/E/G ratio of 2.15 and a beta of 1.07. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76.

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 analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The firm's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.69 earnings per share. As a group, equities research analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Friday, February 28th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Analyst Ratings Changes

A number of analysts have issued reports on UNP shares. Wells Fargo & Company reduced their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Stephens reduced their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Redburn Atlantic upgraded shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a research report on Wednesday, April 16th. Guggenheim boosted their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Finally, Benchmark increased their price target on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a report on Friday, January 24th. One investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $257.86.

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.

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