Union Pacific Co. (NYSE:UNP) Shares Acquired by Night Owl Capital Management LLC

Night Owl Capital Management LLC lifted its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 132,386 shares of the railroad operator's stock after purchasing an additional 4,471 shares during the period. Union Pacific comprises about 3.9% of Night Owl Capital Management LLC's investment portfolio, making the stock its 11th biggest position. Night Owl Capital Management LLC's holdings in Union Pacific were worth $30,189,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Norges Bank purchased a new stake in Union Pacific in the 4th quarter worth approximately $1,927,377,000. Raymond James Financial Inc. bought a new stake in Union Pacific in the fourth quarter valued at $1,035,905,000. Geode Capital Management LLC increased its position in Union Pacific by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 14,430,581 shares of the railroad operator's stock valued at $3,282,305,000 after purchasing an additional 1,616,895 shares during the period. Capital Research Global Investors raised its holdings in Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator's stock worth $2,370,559,000 after purchasing an additional 1,298,178 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC purchased a new stake in shares of Union Pacific in the 4th quarter worth about $273,361,000. Institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on UNP shares. Robert W. Baird upped their target price on Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. BMO Capital Markets increased their price objective on Union Pacific from $275.00 to $277.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Benchmark increased their price objective on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Barclays decreased their price objective on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a report on Friday, April 25th. Finally, Susquehanna decreased their price objective on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.50.

Union Pacific Stock Performance

Shares of NYSE UNP traded down $1.71 during midday trading on Monday, hitting $229.71. 869,506 shares of the company's stock traded hands, compared to its average volume of 2,637,408. The firm has a fifty day moving average of $224.16 and a 200 day moving average of $233.69. The stock has a market capitalization of $137.24 billion, a price-to-earnings ratio of 20.72, 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 company has a debt-to-equity ratio of 1.76, a quick ratio of 0.62 and a current ratio of 0.77.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (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 company had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the business earned $2.69 earnings per share. Union Pacific's revenue for the quarter was down .1% on a year-over-year basis. On average, analysts forecast that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently disclosed 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. This represents a $5.36 annualized dividend and a yield of 2.33%. The ex-dividend date is Friday, May 30th. Union Pacific's payout ratio is currently 48.29%.

Union Pacific Company 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.