Twin Tree Management LP boosted its holdings in Union Pacific Co. (NYSE:UNP) by 1,405.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,816 shares of the railroad operator’s stock after purchasing an additional 52,109 shares during the period. Twin Tree Management LP’s holdings in Union Pacific were worth $7,485,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the stock. Highland Private Wealth Management grew its position in Union Pacific by 0.9% in the second quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after purchasing an additional 18 shares in the last quarter. BigSur Wealth Management LLC grew its position in Union Pacific by 0.7% in the second quarter. BigSur Wealth Management LLC now owns 4,680 shares of the railroad operator’s stock valued at $480,000 after purchasing an additional 31 shares in the last quarter. Pathstone Family Office LLC grew its position in Union Pacific by 41.3% in the second quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock valued at $2,304,000 after purchasing an additional 52 shares in the last quarter. Miles Capital Inc. grew its position in Union Pacific by 2.7% in the second quarter. Miles Capital Inc. now owns 2,282 shares of the railroad operator’s stock valued at $249,000 after purchasing an additional 59 shares in the last quarter. Finally, Logan Capital Management Inc. grew its position in Union Pacific by 4.2% in the second quarter. Logan Capital Management Inc. now owns 2,500 shares of the railroad operator’s stock valued at $272,000 after purchasing an additional 100 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.
Shares of Union Pacific stock opened at $137.16 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.83 and a current ratio of 1.02. The stock has a market cap of $106,889.48, a PE ratio of 10.14, a PEG ratio of 1.70 and a beta of 0.83. Union Pacific Co. has a 12 month low of $101.06 and a 12 month high of $143.05.
Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.01). The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.39 EPS. research analysts forecast that Union Pacific Co. will post 7.59 earnings per share for the current year.
The business 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 dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s dividend payout ratio (DPR) is currently 21.60%.
A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. Bank of America lifted their price objective on shares of Union Pacific from $150.00 to $159.00 and gave the company a “buy” rating in a research report on Thursday. Argus lifted their price objective on shares of Union Pacific from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Cowen reissued a “market perform” rating and issued a $139.00 price objective (down previously from $140.00) on shares of Union Pacific in a research report on Wednesday, February 28th. Finally, Robert W. Baird reissued a “hold” rating on shares of Union Pacific in a research report on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $133.70.
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Union Pacific Company 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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