Sunbeam Capital Management LLC Takes $413,000 Position in Union Pacific Co. (NYSE:UNP)

Sunbeam Capital Management LLC 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 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,659 shares of the railroad operator's stock, valued at approximately $413,000. Union Pacific makes up approximately 0.9% of Sunbeam Capital Management LLC's portfolio, making the stock its 25th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new position in Union Pacific in the 4th quarter valued at about $1,143,000. Peak Retirement Planning Inc. bought a new position in shares of Union Pacific during the 4th quarter worth approximately $259,000. Toronto Dominion Bank boosted its stake in shares of Union Pacific by 6.7% in the 4th quarter. Toronto Dominion Bank now owns 344,840 shares of the railroad operator's stock worth $78,636,000 after buying an additional 21,700 shares during the last quarter. Formidable Asset Management LLC grew its holdings in shares of Union Pacific by 2.4% in the fourth quarter. Formidable Asset Management LLC now owns 5,290 shares of the railroad operator's stock valued at $1,206,000 after acquiring an additional 126 shares in the last quarter. Finally, Columbia River Financial Group LLC bought a new position in Union Pacific in the 4th quarter valued at $1,469,000. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

UNP stock traded up $2.16 during mid-day trading on Tuesday, hitting $224.27. 2,613,252 shares of the stock were exchanged, compared to its average volume of 2,647,694. The business has a fifty day moving average price of $222.72 and a 200 day moving average price of $233.13. Union Pacific Co. has a 12 month low of $204.66 and a 12 month high of $258.07. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.77 and a quick ratio of 0.62. The stock has a market capitalization of $134.00 billion, a price-to-earnings ratio of 20.22, a PEG 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 earnings per share for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $2.69 earnings per share. On average, sell-side analysts anticipate that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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

Wall Street Analysts Forecast Growth

UNP has been the topic of a number of research reports. 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 note on Monday, April 14th. Barclays lowered their target price on shares of Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a report on Friday, April 25th. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Argus upgraded Union Pacific to a "strong-buy" rating in a research report on Friday, May 16th. Finally, Wells Fargo & Company decreased 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $257.50.

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.