Addenda Capital Inc. Buys 225 Shares of Union Pacific Co. (NYSE:UNP)

Addenda Capital Inc. raised its stake in shares of Union Pacific Co. (NYSE:UNP) by 0.9% in the fourth quarter, Holdings Channel reports. The fund owned 26,340 shares of the railroad operator’s stock after acquiring an additional 225 shares during the period. Addenda Capital Inc.’s holdings in Union Pacific were worth $6,007,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. New Hampshire Trust raised its holdings in shares of Union Pacific by 0.4% in the fourth quarter. New Hampshire Trust now owns 18,532 shares of the railroad operator’s stock valued at $4,226,000 after buying an additional 75 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Union Pacific by 1.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 6,155 shares of the railroad operator’s stock valued at $1,404,000 after buying an additional 72 shares during the last quarter. Sky Investment Group LLC raised its holdings in shares of Union Pacific by 17.9% in the fourth quarter. Sky Investment Group LLC now owns 6,273 shares of the railroad operator’s stock valued at $1,430,000 after buying an additional 954 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Union Pacific by 20.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 53,850 shares of the railroad operator’s stock valued at $12,280,000 after buying an additional 9,218 shares during the last quarter. Finally, Stokes Capital Advisors LLC raised its holdings in shares of Union Pacific by 0.6% in the fourth quarter. Stokes Capital Advisors LLC now owns 26,069 shares of the railroad operator’s stock valued at $5,945,000 after buying an additional 144 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Trading Down 0.4 %

Shares of Union Pacific stock opened at $233.99 on Tuesday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The stock has a market cap of $141.86 billion, a P/E ratio of 21.49, a P/E/G ratio of 2.11 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The business’s 50 day moving average is $233.83 and its 200-day moving average is $239.04.

Union Pacific (NYSE:UNP) last announced 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). The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.51 EPS. Equities research analysts predict that Union Pacific Co. will post 10.96 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors 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 2.29%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is presently 49.22%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research reports. Benchmark reiterated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Evercore ISI lowered Union Pacific from an “outperform” rating to an “inline” rating and lowered their price objective for the stock from $254.00 to $247.00 in a research report on Wednesday, September 25th. Stifel Nicolaus lowered their price objective on Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Finally, Barclays boosted their target price on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $259.35.

About Union Pacific

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.