Union Pacific Co. (NYSE:UNP) Stock Position Raised by Prana Capital Management LP

Prana Capital Management LP lifted its holdings in Union Pacific Co. (NYSE:UNP - Free Report) by 70.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,416 shares of the railroad operator's stock after acquiring an additional 3,881 shares during the period. Prana Capital Management LP's holdings in Union Pacific were worth $2,147,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in UNP. Fiduciary Trust Co boosted its position in shares of Union Pacific by 2.8% in the fourth 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 during the period. abrdn plc grew its position in 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 in the last quarter. Border to Coast Pensions Partnership Ltd raised its stake in shares of Union Pacific by 24.2% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator's stock valued at $63,185,000 after purchasing an additional 53,946 shares during the period. Pinnbrook Capital Management LP acquired a new position in shares of Union Pacific during the fourth quarter worth $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its stake 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 valued at $8,391,000 after purchasing an additional 20,681 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Union Pacific in a report on Friday, March 7th. They issued a "buy" rating and a $295.00 price objective on the stock. Redburn Atlantic upgraded Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price target on the stock in a research note on Wednesday, April 16th. Barclays lowered their price objective on Union Pacific from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. BMO Capital Markets upped their target price on Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, Raymond James reissued a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.50.

Union Pacific Stock Performance

UNP stock traded down $0.50 during mid-day trading on Tuesday, reaching $229.01. The company had a trading volume of 597,022 shares, compared to its average volume of 2,992,447. The stock's 50-day simple moving average is $224.00 and its two-hundred day simple moving average is $233.67. The stock has a market capitalization of $136.82 billion, a P/E ratio of 20.65, a P/E/G 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. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07.

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

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, May 30th will be given a dividend of $1.34 per share. The ex-dividend date is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. Union Pacific's dividend payout ratio (DPR) is 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.