Sherbrooke Park Advisers LLC Buys Shares of 3,427 Union Pacific Co. (NYSE:UNP)

Sherbrooke Park Advisers LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,427 shares of the railroad operator's stock, valued at approximately $781,000.

Other hedge funds also recently made changes to their positions in the company. Fiduciary Trust Co raised its position in shares of Union Pacific by 2.8% during the fourth quarter. Fiduciary Trust Co now owns 102,213 shares of the railroad operator's stock worth $23,309,000 after acquiring an additional 2,807 shares during the last quarter. abrdn plc increased its holdings in Union Pacific by 9.3% in the fourth quarter. abrdn plc now owns 415,874 shares of the railroad operator's stock worth $94,588,000 after purchasing an additional 35,414 shares in the last quarter. Border to Coast Pensions Partnership Ltd increased its holdings in 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 in the last quarter. Pinnbrook Capital Management LP bought a new stake in Union Pacific in the fourth quarter worth approximately $3,954,000. Finally, Tokio Marine Asset Management Co. Ltd. increased its holdings in 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 worth $8,391,000 after purchasing an additional 20,681 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on UNP. Guggenheim lifted their target price on Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Susquehanna lowered their target price on Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a report on Friday, April 25th. BMO Capital Markets raised their price objective on Union Pacific from $275.00 to $277.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Barclays reduced 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. Finally, Bank of America raised their price objective on Union Pacific from $256.00 to $262.00 and gave the company a "buy" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $257.50.

Union Pacific Stock Performance

Union Pacific stock traded down $2.09 during mid-day trading on Monday, reaching $229.33. 2,509,396 shares of the company's stock were exchanged, compared to its average volume of 2,643,678. The business's fifty day simple moving average is $224.16 and its 200 day simple moving average is $233.69. The firm has a market capitalization of $137.02 billion, a PE ratio of 20.68, a P/E/G ratio of 2.15 and a beta of 1.07. Union Pacific Co. has a one year low of $204.66 and a one year high of $258.07. 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 (NYSE:UNP - Get Free Report) last issued its earnings results 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). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.11 billion. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. The business's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.69 earnings per share. On average, sell-side analysts expect that Union Pacific Co. will post 11.99 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced 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 of this dividend is Friday, May 30th. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. Union Pacific's payout ratio is presently 48.29%.

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.