Pacific Point Advisors LLC Acquires Shares of 2,485 Union Pacific Co. (NYSE:UNP)

Pacific Point Advisors LLC bought a new position in Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 2,485 shares of the railroad operator's stock, valued at approximately $605,000.

A number of other institutional investors also recently bought and sold shares of the stock. McMill Wealth Management acquired a new stake in Union Pacific in the 4th quarter worth approximately $962,000. Vega Investment Solutions acquired a new position in Union Pacific during the fourth quarter worth $296,000. Sunbelt Securities Inc. grew its holdings in shares of Union Pacific by 10.1% in the fourth quarter. Sunbelt Securities Inc. now owns 4,866 shares of the railroad operator's stock valued at $1,108,000 after purchasing an additional 448 shares in the last quarter. Vise Technologies Inc. increased its position in shares of Union Pacific by 64.2% in the 4th quarter. Vise Technologies Inc. now owns 7,596 shares of the railroad operator's stock valued at $1,732,000 after purchasing an additional 2,969 shares during the last quarter. Finally, Connecticut Wealth Management LLC raised its stake in Union Pacific by 1.0% during the 4th quarter. Connecticut Wealth Management LLC now owns 9,395 shares of the railroad operator's stock worth $2,142,000 after acquiring an additional 92 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Loop Capital downgraded Union Pacific from a "hold" rating to a "sell" rating and cut their price target for the stock from $265.00 to $200.00 in a research note on Monday, February 3rd. Bank of America boosted their price objective on Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Stifel Nicolaus reduced their target price on shares of Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Argus raised shares of Union Pacific to a "strong-buy" rating in a research note on Friday, May 16th. Finally, Citigroup upgraded Union Pacific from a "neutral" rating to a "buy" rating and reduced their price target for the company from $260.00 to $244.00 in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Union Pacific has a consensus rating of "Moderate Buy" and an average target price of $257.50.

Union Pacific Price Performance

Shares of UNP traded down $1.09 during midday trading on Wednesday, reaching $223.26. The stock had a trading volume of 886,525 shares, compared to its average volume of 2,640,849. The company's 50-day moving average is $222.51 and its 200 day moving average is $233.07. The company has a market capitalization of $133.39 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth 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 Co. has a 12-month low of $204.66 and a 12-month high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last posted its 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 company had revenue of $6.03 billion for 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%. Union Pacific's revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.69 EPS. On average, equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Friday, May 30th. Union Pacific's dividend payout ratio 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.