Scissortail Wealth Management LLC Has $4.51 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Scissortail Wealth Management LLC grew its holdings in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 4,952.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,757 shares of the railroad operator's stock after purchasing an additional 19,366 shares during the period. Union Pacific makes up 1.2% of Scissortail Wealth Management LLC's portfolio, making the stock its 29th biggest holding. Scissortail Wealth Management LLC's holdings in Union Pacific were worth $4,505,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in UNP. Fiduciary Trust Co lifted its stake in Union Pacific by 2.8% during the fourth 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 lifted its stake in Union Pacific by 9.3% during the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock valued at $94,588,000 after buying an additional 35,414 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in Union Pacific during the 4th quarter valued at $781,000. Border to Coast Pensions Partnership Ltd raised its stake in Union Pacific by 24.2% during the 4th 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. Finally, Pinnbrook Capital Management LP purchased a new stake in shares of Union Pacific in the fourth quarter worth approximately $3,954,000. Institutional investors own 80.38% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Raymond James reissued a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. Deutsche Bank Aktiengesellschaft began coverage on shares of Union Pacific in a research report on Friday, March 7th. They issued a "buy" rating and a $295.00 price target for the company. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective on the stock in a research report on Wednesday, April 16th. Loop Capital lowered shares of Union Pacific from a "hold" rating to a "sell" rating and dropped their price target for the company from $265.00 to $200.00 in a research report on Monday, February 3rd. Finally, Guggenheim upped their price objective 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. One 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's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $257.50.

Union Pacific Trading Down 0.5%

Union Pacific stock traded down $1.15 during trading hours on Tuesday, reaching $228.35. 1,982,810 shares of the company's stock traded hands, compared to its average volume of 2,647,089. The firm's 50 day moving average is $224.00 and its 200-day moving average is $233.67. Union Pacific Co. has a fifty-two week low of $204.66 and a fifty-two week high of $258.07. The firm has a market capitalization of $136.43 billion, a price-to-earnings ratio of 20.59, a PEG ratio of 2.15 and a beta of 1.07. 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 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 net margin of 27.82% and a return on equity of 41.12%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the prior year, the company earned $2.69 earnings per share. The company's quarterly 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. Investors of record on Friday, May 30th will be given a $1.34 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.35%. Union Pacific's dividend payout ratio is 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.