Waverly Advisors LLC Raises Stake in Union Pacific Co. (NYSE:UNP)

Waverly Advisors LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 16.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,356 shares of the railroad operator's stock after acquiring an additional 3,606 shares during the period. Waverly Advisors LLC's holdings in Union Pacific were worth $5,782,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in UNP. Diversify Wealth Management LLC grew its position in Union Pacific by 67.2% in the fourth quarter. Diversify Wealth Management LLC now owns 10,451 shares of the railroad operator's stock worth $2,354,000 after acquiring an additional 4,201 shares during the period. Sky Investment Group LLC grew its position in Union Pacific by 17.9% in the fourth quarter. Sky Investment Group LLC now owns 6,273 shares of the railroad operator's stock worth $1,430,000 after acquiring an additional 954 shares during the period. Koshinski Asset Management Inc. raised its stake in shares of Union Pacific by 1.2% in the 4th quarter. Koshinski Asset Management Inc. now owns 6,155 shares of the railroad operator's stock valued at $1,404,000 after acquiring an additional 72 shares during the period. New Hampshire Trust raised its stake in shares of Union Pacific by 0.4% in the 4th quarter. New Hampshire Trust now owns 18,532 shares of the railroad operator's stock valued at $4,226,000 after acquiring an additional 75 shares during the period. Finally, Addenda Capital Inc. raised its stake in shares of Union Pacific by 0.9% in the 4th quarter. Addenda Capital Inc. now owns 26,340 shares of the railroad operator's stock valued at $6,007,000 after acquiring an additional 225 shares during the period. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Susquehanna reduced their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Citigroup raised shares of 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 research note on Tuesday, April 8th. Loop Capital downgraded shares of Union Pacific from a "hold" rating to a "sell" rating and reduced their price target for the company from $265.00 to $200.00 in a research note on Monday, February 3rd. Stifel Nicolaus lowered their target price on Union Pacific from $270.00 to $248.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Wells Fargo & Company lowered their target price on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $257.50.

Union Pacific Stock Performance

UNP stock traded down $0.69 during trading on Friday, hitting $222.18. The company had a trading volume of 3,227,925 shares, compared to its average volume of 2,647,832. The firm has a market cap of $132.75 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The firm has a 50-day moving average price of $223.00 and a 200-day moving average price of $233.33. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76.

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

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, May 30th will be paid a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.41%. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

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.