Union Pacific Co. (NYSE:UNP) Holdings Lifted by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP boosted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 650.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,035 shares of the railroad operator's stock after acquiring an additional 52,035 shares during the quarter. Hudson Bay Capital Management LP's holdings in Union Pacific were worth $13,690,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UNP. 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 worth $23,309,000 after buying an additional 2,807 shares in the last quarter. abrdn plc boosted its position in shares of Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after acquiring an additional 35,414 shares during the period. Border to Coast Pensions Partnership Ltd increased its holdings in shares of Union Pacific by 24.2% in the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock worth $63,185,000 after purchasing an additional 53,946 shares during the period. Pinnbrook Capital Management LP purchased a new stake in shares of Union Pacific in the 4th quarter valued at about $3,954,000. Finally, Traveka Wealth LLC increased its holdings in shares of Union Pacific by 236.6% in the 4th quarter. Traveka Wealth LLC now owns 4,567 shares of the railroad operator's stock worth $1,041,000 after buying an additional 3,210 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Trading Up 1.0%

Shares of NYSE UNP traded up $2.21 during midday trading on Thursday, hitting $230.55. The stock had a trading volume of 2,607,575 shares, compared to its average volume of 2,636,668. Union Pacific Co. has a 1-year low of $204.66 and a 1-year high of $258.07. The company has a market capitalization of $137.75 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 2.15 and a beta of 1.07. 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 fifty day moving average price of $224.64 and a 200 day moving average price of $233.68.

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 the consensus estimate of $2.73 by ($0.03). Union Pacific had a return on equity of 41.12% and a net margin of 27.82%. The company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the business earned $2.69 earnings per share. Union Pacific's revenue was down .1% on a year-over-year basis. On average, analysts predict that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared 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 is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. Union Pacific's payout ratio is currently 48.29%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Guggenheim increased their target price on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a report on Friday, January 24th. Barclays reduced their price target on Union Pacific from $285.00 to $260.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. Stifel Nicolaus lowered 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. BMO Capital Markets increased their price objective on shares of Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $257.86.

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.