HBW Advisory Services LLC reduced its position in Union Pacific Co. (NYSE:UNP – Free Report) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,225 shares of the railroad operator’s stock after selling 350 shares during the quarter. HBW Advisory Services LLC’s holdings in Union Pacific were worth $735,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific during the 3rd quarter worth approximately $30,000. Fairscale Capital LLC purchased a new stake in Union Pacific during the second quarter valued at approximately $31,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter worth $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Down 2.9 %
UNP stock opened at $225.11 on Friday. The firm’s fifty day moving average is $234.64 and its 200 day moving average is $238.62. The firm has a market cap of $136.47 billion, a PE ratio of 20.67, a P/E/G 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 company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.
Union Pacific Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. Union Pacific’s dividend payout ratio is currently 49.22%.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on UNP shares. Citigroup boosted their target price on Union Pacific from $255.00 to $267.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. cut their price objective on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Royal Bank of Canada lowered their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. TD Cowen cut their price target on shares of Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Stifel Nicolaus lowered their price objective on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Nine 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $259.80.
Read Our Latest Research Report on Union Pacific
Union Pacific Company 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.
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