Interval Partners LP Acquires New Stake in Union Pacific Co. (NYSE:UNP)

Interval Partners LP purchased a new position in Union Pacific Co. (NYSE:UNP - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 483,082 shares of the railroad operator's stock, valued at approximately $110,162,000. Union Pacific comprises about 2.2% of Interval Partners LP's holdings, making the stock its 3rd biggest position. Interval Partners LP owned 0.08% of Union Pacific at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Allred Capital Management LLC raised its holdings in Union Pacific by 0.5% in the 4th quarter. Allred Capital Management LLC now owns 8,349 shares of the railroad operator's stock valued at $1,904,000 after buying an additional 40 shares during the last quarter. Palogic Value Management L.P. grew its holdings in Union Pacific by 1.5% during the 4th quarter. Palogic Value Management L.P. now owns 2,823 shares of the railroad operator's stock worth $644,000 after acquiring an additional 42 shares during the period. Roble Belko & Company Inc increased its holdings in Union Pacific by 26.8% in the fourth quarter. Roble Belko & Company Inc now owns 213 shares of the railroad operator's stock worth $49,000 after purchasing an additional 45 shares in the last quarter. Pflug Koory LLC lifted its position in shares of Union Pacific by 0.5% during the 4th quarter. Pflug Koory LLC now owns 8,569 shares of the railroad operator's stock valued at $1,954,000 after acquiring an additional 45 shares during the period. Finally, Baron Wealth Management LLC boosted its position in shares of Union Pacific by 3.3% during the 4th quarter. Baron Wealth Management LLC now owns 1,409 shares of the railroad operator's stock worth $321,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Union Pacific Price Performance

Shares of UNP stock traded down $0.11 during trading hours on Wednesday, hitting $228.14. 3,252,974 shares of the company's stock were exchanged, compared to its average volume of 2,636,785. 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. The business's 50 day simple moving average is $224.64 and its 200-day simple moving average is $233.68. The company has a market capitalization of $136.31 billion, a PE ratio of 20.57, a PEG ratio of 2.15 and a beta of 1.07.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $6.11 billion. During the same period last year, the firm earned $2.69 earnings per share. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. On average, equities research analysts anticipate 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. Stockholders of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.35%. Union Pacific's dividend payout ratio is 48.29%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UNP. TD Cowen lifted their price target on shares of Union Pacific from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Jefferies Financial Group cut their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. 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 research report on Friday, January 24th. Wells Fargo & Company decreased their price objective on Union Pacific from $265.00 to $260.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. Finally, Loop Capital downgraded Union Pacific from a "hold" rating to a "sell" rating and dropped their target price for the stock from $265.00 to $200.00 in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $257.86.

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.