Cypress Capital Management LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 139.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,767 shares of the railroad operator’s stock after purchasing an additional 17,943 shares during the quarter. Cypress Capital Management LLC’s holdings in Union Pacific were worth $4,126,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Keeler Thomas Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $2,839,000. Roundview Capital LLC increased its position in shares of Union Pacific by 8.9% during the 4th quarter. Roundview Capital LLC now owns 5,252 shares of the railroad operator’s stock worth $704,000 after purchasing an additional 431 shares during the last quarter. Cape Cod Five Cents Savings Bank increased its position in shares of Union Pacific by 143.3% during the 4th quarter. Cape Cod Five Cents Savings Bank now owns 20,309 shares of the railroad operator’s stock worth $2,723,000 after purchasing an additional 11,961 shares during the last quarter. Alley Co LLC increased its position in shares of Union Pacific by 1.1% during the 4th quarter. Alley Co LLC now owns 60,293 shares of the railroad operator’s stock worth $8,085,000 after purchasing an additional 679 shares during the last quarter. Finally, Sentry Investment Management LLC increased its position in shares of Union Pacific by 10.1% during the 4th quarter. Sentry Investment Management LLC now owns 43,035 shares of the railroad operator’s stock worth $5,771,000 after purchasing an additional 3,953 shares during the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.
Several research firms have weighed in on UNP. TD Securities lowered their price target on Union Pacific from $155.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 26th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. Wolfe Research upgraded Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. Robert W. Baird reiterated a “hold” rating on shares of Union Pacific in a research note on Friday, January 26th. Finally, UBS Group reduced their target price on Union Pacific from $164.00 to $162.00 and set a “buy” rating for the company in a research note on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Union Pacific 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 EPS for the quarter, missing the 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 for the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter in the previous year, the company earned $1.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. research analysts forecast that Union Pacific Co. will post 7.49 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be given a dividend of $0.73 per share. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $2.92 annualized dividend and a dividend yield of 2.13%. Union Pacific’s dividend payout ratio is presently 48.18%.
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About Union Pacific
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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