RMR Wealth Builders trimmed its position in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 54.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,988 shares of the railroad operator’s stock after selling 4,729 shares during the quarter. RMR Wealth Builders’ holdings in Union Pacific were worth $909,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the second quarter valued at about $28,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the third quarter valued at approximately $30,000. Fairscale Capital LLC acquired a new stake in shares of Union Pacific in the 2nd quarter worth $31,000. Jamison Private Wealth Management Inc. increased its position in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new position in shares of Union Pacific during the third quarter valued at about $32,000. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Stock Performance
UNP traded down $6.71 during trading on Friday, hitting $225.11. The stock had a trading volume of 2,711,327 shares, compared to its average volume of 2,581,317. The company’s 50-day moving average price is $234.80 and its 200 day moving average price is $238.63. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a market capitalization of $136.47 billion, a P/E ratio of 20.67, a PEG ratio of 2.33 and a beta of 1.06. 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 Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio is presently 49.22%.
Wall Street Analysts Forecast Growth
UNP has been the topic of several research analyst reports. Sanford C. Bernstein dropped their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Susquehanna decreased their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Stifel Nicolaus cut their target price on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a report on Friday, October 25th. BMO Capital Markets dropped their price target on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. Finally, Benchmark reissued a “buy” rating and set a $266.00 target price on shares of Union Pacific 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 given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $259.80.
Check Out Our Latest Stock Report on Union Pacific
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.
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