Abel Hall LLC Acquires New Stake in Union Pacific Co. (NYSE:UNP)

Abel Hall LLC acquired a new stake in shares of Union Pacific Co. (NYSE:UNPFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 909 shares of the railroad operator’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OLD Point Trust & Financial Services N A bought a new stake in shares of Union Pacific in the 4th quarter worth $25,000. Raleigh Capital Management Inc. boosted its stake in shares of Union Pacific by 211.4% in the 4th quarter. Raleigh Capital Management Inc. now owns 109 shares of the railroad operator’s stock worth $27,000 after buying an additional 74 shares during the last quarter. Valued Wealth Advisors LLC purchased a new position in shares of Union Pacific in the 4th quarter worth $28,000. Stuart Chaussee & Associates Inc. purchased a new position in shares of Union Pacific in the 4th quarter worth $36,000. Finally, Fortitude Family Office LLC purchased a new position in shares of Union Pacific in the 4th quarter worth $44,000. Institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

UNP has been the topic of a number of research reports. Susquehanna raised their price target on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research note on Friday, April 26th. Stifel Nicolaus upgraded Union Pacific from a “hold” rating to a “buy” rating and lifted their target price for the company from $248.00 to $267.00 in a research report on Friday, May 3rd. Morgan Stanley lifted their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Wells Fargo & Company initiated coverage on Union Pacific in a research report on Friday, June 7th. They set an “overweight” rating and a $270.00 target price on the stock. Finally, Raymond James reiterated a “strong-buy” rating and set a $280.00 target price (up from $275.00) on shares of Union Pacific in a research report on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.70.

View Our Latest Analysis on Union Pacific

Union Pacific Trading Down 0.0 %

NYSE UNP traded down $0.02 during trading hours on Friday, hitting $222.10. 2,130,498 shares of the company were exchanged, compared to its average volume of 2,435,945. The stock has a 50-day moving average price of $235.37 and a 200 day moving average price of $240.73. The company has a quick ratio of 0.76, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. Union Pacific Co. has a 52 week low of $199.06 and a 52 week high of $258.66. The stock has a market cap of $135.51 billion, a PE ratio of 21.19, a price-to-earnings-growth ratio of 1.81 and a beta of 1.05.

Union Pacific (NYSE:UNPGet Free Report) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The company had revenue of $6.03 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same period in the previous year, the firm posted $2.67 earnings per share. The firm’s revenue for the quarter was down .4% on a year-over-year basis. Analysts forecast that Union Pacific Co. will post 11.25 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 31st will be paid a dividend of $1.30 per share. The ex-dividend date is Friday, May 31st. This represents a $5.20 annualized dividend and a yield of 2.34%. Union Pacific’s payout ratio is currently 49.62%.

Union Pacific Profile

(Free Report)

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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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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