Keeler Thomas Management LLC bought a new stake in Union Pacific Co. (NYSE:UNP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,172 shares of the railroad operator’s stock, valued at approximately $2,839,000. Union Pacific makes up approximately 2.6% of Keeler Thomas Management LLC’s investment portfolio, making the stock its 12th biggest position.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Acropolis Investment Management LLC acquired a new position in shares of Union Pacific in the fourth quarter valued at $107,000. Acrospire Investment Management LLC raised its stake in shares of Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after purchasing an additional 300 shares in the last quarter. Exane Derivatives raised its stake in shares of Union Pacific by 55,600.0% in the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock valued at $149,000 after purchasing an additional 1,112 shares in the last quarter. Jacobi Capital Management LLC raised its stake in shares of Union Pacific by 6.6% in the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after purchasing an additional 105 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Union Pacific in the fourth quarter valued at $200,000. Institutional investors and hedge funds own 80.16% of the company’s stock.
Several research analysts have issued reports on UNP shares. ValuEngine lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Barclays reiterated a “buy” rating and set a $150.00 price objective on shares of Union Pacific in a research note on Wednesday, December 13th. Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Finally, Zacks Investment Research lowered Union Pacific from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $132.37.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). Union Pacific had a net margin of 50.43% and a return on equity of 22.26%. The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter last year, the business posted $1.39 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. sell-side analysts predict that Union Pacific Co. will post 7.49 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be paid a $0.73 dividend. The ex-dividend date is Tuesday, February 27th. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.13%. Union Pacific’s dividend payout ratio (DPR) is 48.18%.
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Union Pacific Profile
Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.
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