Union Pacific Co. (NYSE:UNP) Shares Purchased by Eagle Global Advisors LLC

Eagle Global Advisors LLC boosted its position in Union Pacific Co. (NYSE:UNP - Free Report) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,178 shares of the railroad operator's stock after buying an additional 3,560 shares during the period. Eagle Global Advisors LLC's holdings in Union Pacific were worth $8,706,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of UNP. Norges Bank purchased a new stake in Union Pacific in the fourth quarter valued at $1,927,377,000. Raymond James Financial Inc. purchased a new stake in shares of Union Pacific in the fourth quarter worth about $1,035,905,000. Geode Capital Management LLC boosted its stake in shares of Union Pacific by 12.6% in the fourth quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock worth $3,282,305,000 after buying an additional 1,616,895 shares during the last quarter. Capital Research Global Investors grew its holdings in Union Pacific by 14.3% during the fourth quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after acquiring an additional 1,298,178 shares during the period. Finally, Castlekeep Investment Advisors LLC purchased a new position in Union Pacific during the fourth quarter valued at approximately $273,361,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Price Performance

UNP stock traded up $14.17 during mid-day trading on Monday, reaching $230.49. The company's stock had a trading volume of 2,570,410 shares, compared to its average volume of 2,613,149. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The company's 50 day moving average is $225.66 and its two-hundred day moving average is $233.76. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The stock has a market cap of $137.71 billion, a PE ratio of 20.79, a P/E/G ratio of 2.15 and a beta of 1.07.

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

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio is currently 48.29%.

Wall Street Analysts Forecast Growth

Several research firms have commented on UNP. Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $260.00 to $244.00 in a research report on Tuesday, April 8th. Barclays dropped their price target on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research report on Friday, April 25th. TD Cowen upped their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Wells Fargo & Company dropped their target price on Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Redburn Atlantic upgraded 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $257.86.

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.