Elefante Mark B Buys New Stake in Union Pacific Co. (NYSE:UNP)

Elefante Mark B acquired a new stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,700 shares of the railroad operator's stock, valued at approximately $388,000.

Several other hedge funds and other institutional investors have also made changes to their positions in UNP. Compass Financial Services Inc purchased a new position in Union Pacific in the fourth quarter worth about $25,000. Synergy Asset Management LLC purchased a new position in Union Pacific in the fourth quarter worth about $29,000. EnRich Financial Partners LLC purchased a new position in Union Pacific in the fourth quarter worth about $31,000. PrairieView Partners LLC purchased a new position in Union Pacific in the fourth quarter worth about $34,000. Finally, Strategic Investment Solutions Inc. IL grew its position in 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 acquiring an additional 45 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on UNP shares. TD Cowen lifted their price target on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. Redburn Atlantic raised 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 note on Wednesday, April 16th. Stephens decreased their price objective on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. Wells Fargo & Company decreased their price objective 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. Finally, Guggenheim raised their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $257.86.

Union Pacific Stock Up 0.1%

NYSE:UNP traded up $0.30 during trading hours on Wednesday, reaching $228.55. The company's stock had a trading volume of 1,955,292 shares, compared to its average volume of 2,627,017. The stock has a 50 day moving average price of $225.07 and a two-hundred day moving average price of $233.72. 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 12 month low of $204.66 and a 12 month high of $258.07. The company has a market capitalization of $136.55 billion, a P/E ratio of 20.61, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07.

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 (EPS) for the quarter, missing the consensus estimate of $2.73 by ($0.03). The firm had revenue of $6.03 billion during 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%. Union Pacific's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.69 earnings per share. Equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio (DPR) is presently 48.29%.

Union Pacific Company 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.