Carnegie Investment Counsel Has $24.91 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Carnegie Investment Counsel lowered its holdings in Union Pacific Co. (NYSE:UNP) by 7.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 109,212 shares of the railroad operator’s stock after selling 8,336 shares during the quarter. Carnegie Investment Counsel’s holdings in Union Pacific were worth $24,905,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in UNP. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter worth $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after purchasing an additional 93 shares during the period. Fairscale Capital LLC acquired a new stake in Union Pacific in the 2nd quarter worth $31,000. Finally, Dunhill Financial LLC increased its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UNP has been the subject of several research reports. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Susquehanna reduced their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Bank of America lowered their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a report on Tuesday, September 24th. Finally, Benchmark reaffirmed a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $259.35.

Union Pacific Trading Up 1.7 %

UNP opened at $234.88 on Friday. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The stock has a market capitalization of $142.40 billion, a PE ratio of 21.57, a PEG ratio of 2.02 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a 50-day moving average price of $234.14 and a two-hundred day moving average price of $238.82.

Union Pacific (NYSE:UNP) last issued its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the prior year, the business earned $2.51 EPS. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.