Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 227,115 shares of the railroad operator’s stock after acquiring an additional 5,091 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Union Pacific were worth $52,536,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Howard Capital Management Group LLC boosted its holdings in shares of Union Pacific by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock worth $532,000 after purchasing an additional 45 shares during the period. Prestige Wealth Management Group LLC raised its holdings in Union Pacific by 1.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,186 shares of the railroad operator’s stock valued at $753,000 after buying an additional 45 shares during the period. Keebeck Wealth Management raised its holdings in Union Pacific by 1.7% during the 3rd quarter. Keebeck Wealth Management now owns 2,691 shares of the railroad operator’s stock valued at $636,000 after buying an additional 45 shares during the period. Hanson & Doremus Investment Management lifted its position in Union Pacific by 2.5% in the third quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock worth $444,000 after buying an additional 46 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in Union Pacific by 4.5% in the third quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock worth $252,000 after buying an additional 46 shares during the last quarter. 80.38% of the stock is currently owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
UNP stock opened at $238.91 on Friday. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $268.14. The firm has a market cap of $141.77 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.63 and a beta of 0.95. The business’s fifty day simple moving average is $248.16 and its two-hundred day simple moving average is $234.77. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 1.64.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Union Pacific’s payout ratio is 46.12%.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on UNP. JPMorgan Chase & Co. cut their price objective on shares of Union Pacific from $270.00 to $265.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 28th. Citigroup restated a “buy” rating and issued a $270.00 target price (up from $265.00) on shares of Union Pacific in a report on Wednesday, January 28th. TD Cowen cut their price target on shares of Union Pacific from $257.00 to $255.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Evercore raised shares of Union Pacific from an “in-line” rating to an “outperform” rating and set a $262.00 price objective on the stock in a research report on Thursday, March 19th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $264.86.
Read Our Latest Research Report on Union Pacific
About Union Pacific
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
See Also
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