Union Pacific Co. (NYSE:UNP) Shares Purchased by Wexford Capital LP

Wexford Capital LP grew its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 1,030.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,565 shares of the railroad operator's stock after purchasing an additional 12,365 shares during the quarter. Wexford Capital LP's holdings in Union Pacific were worth $3,093,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Fiduciary Trust Co lifted its position in shares of Union Pacific by 2.8% during the 4th quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock valued at $23,309,000 after buying an additional 2,807 shares in the last quarter. abrdn plc raised its stake in Union Pacific by 9.3% during the 4th quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after acquiring an additional 35,414 shares during the period. Sherbrooke Park Advisers LLC purchased a new position in Union Pacific during the fourth quarter valued at approximately $781,000. Pinnbrook Capital Management LP bought a new position in shares of Union Pacific in the fourth quarter worth approximately $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Union Pacific by 128.3% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 36,798 shares of the railroad operator's stock worth $8,391,000 after purchasing an additional 20,681 shares during the period. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Raymond James restated a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. TD Cowen upped their price objective on Union Pacific from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Friday, January 24th. Stifel Nicolaus decreased their target price 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. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $265.00 to $260.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Finally, Barclays reduced their price target 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. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have 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 $257.50.

Union Pacific Stock Down 2.0%

Shares of Union Pacific stock traded down $4.60 on Wednesday, reaching $223.73. The stock had a trading volume of 2,183,560 shares, compared to its average volume of 2,643,953. The stock has a market capitalization of $133.67 billion, a P/E ratio of 20.17, a P/E/G 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 company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.76. The company has a 50 day moving average price of $223.60 and a 200 day moving average price of $233.56.

Union Pacific (NYSE:UNP - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 EPS 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 business had revenue of $6.03 billion for the quarter, compared to analysts' expectations of $6.11 billion. During the same quarter in the prior year, the company posted $2.69 EPS. The business's revenue for the quarter was down .1% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific Co. will post 11.99 EPS for the current year.

Union Pacific Dividend Announcement

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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.40%. Union Pacific's dividend payout ratio (DPR) is currently 48.29%.

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.