Mackenzie Financial Corp Increases Holdings in Union Pacific Co. (NYSE:UNP)

Mackenzie Financial Corp lifted its stake in Union Pacific Co. (NYSE:UNP - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,326,920 shares of the railroad operator's stock after purchasing an additional 21,659 shares during the quarter. Mackenzie Financial Corp owned about 0.22% of Union Pacific worth $302,591,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $25,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $29,000. EnRich Financial Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $31,000. PrairieView Partners LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $34,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in shares of Union Pacific by 38.8% in the 4th 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 in the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $2.16 during mid-day trading on Tuesday, reaching $224.27. The stock had a trading volume of 2,613,252 shares, compared to its average volume of 2,647,694. 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 Co. has a 1 year low of $204.66 and a 1 year high of $258.07. The business's 50 day moving average price is $222.72 and its 200 day moving average price is $233.13. The company has a market cap of $134.00 billion, a P/E ratio of 20.22, 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 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). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the firm earned $2.69 EPS. The business's revenue was down .1% compared to the same quarter last year. Research analysts expect that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, May 30th. Union Pacific's dividend payout ratio is 48.29%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UNP. Susquehanna lowered their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research report on Friday, April 25th. Wells Fargo & Company lowered their price objective 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. Stifel Nicolaus lowered their price objective 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. Stephens lowered 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. Finally, Bank of America upped their price objective on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research report on Friday, May 16th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $257.50.

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.