Jacobs & Co. CA Has $13.79 Million Stake in Union Pacific Co. (NYSE:UNP)

Jacobs & Co. CA lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 0.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 60,463 shares of the railroad operator’s stock after buying an additional 50 shares during the quarter. Union Pacific accounts for 1.4% of Jacobs & Co. CA’s portfolio, making the stock its 21st biggest holding. Jacobs & Co. CA’s holdings in Union Pacific were worth $13,787,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. World Investment Advisors LLC increased its holdings in shares of Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock worth $8,770,000 after purchasing an additional 18,060 shares during the period. Shellback Capital LP raised its holdings in Union Pacific by 28.2% in the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after acquiring an additional 4,400 shares in the last quarter. Peoples Bank KS bought a new stake in shares of Union Pacific during the 3rd quarter valued at $834,000. Maj Invest Holding A S grew its holdings in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Finally, Pensionfund Sabic lifted its position in Union Pacific by 61.5% during the fourth quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator’s stock worth $2,394,000 after purchasing an additional 4,000 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Benchmark restated a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Raymond James boosted their target price on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a research note on Friday. JPMorgan Chase & Co. cut their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Royal Bank of Canada reduced their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Trading Down 2.4 %

Shares of NYSE:UNP traded down $5.62 during mid-day trading on Friday, hitting $226.20. The company had a trading volume of 1,250,164 shares, compared to its average volume of 2,328,696. The company has a market capitalization of $137.14 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a fifty day moving average price of $234.80 and a 200 day moving average price of $238.63. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the company earned $2.51 EPS. Union Pacific’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is currently 49.22%.

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.