Union Pacific Co. (NYSE:UNP) Shares Bought by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,242 shares of the railroad operator’s stock after purchasing an additional 603 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Union Pacific were worth $3,704,000 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 UNP. One Capital Management LLC purchased a new position in shares of Union Pacific in the second quarter worth approximately $208,000. WealthPLAN Partners LLC lifted its holdings in Union Pacific by 45.2% during the second quarter. WealthPLAN Partners LLC now owns 21,423 shares of the railroad operator’s stock worth $4,847,000 after acquiring an additional 6,669 shares in the last quarter. Luts & Greenleigh Group Inc. bought a new stake in shares of Union Pacific in the second quarter worth about $761,000. Moors & Cabot Inc. raised its position in shares of Union Pacific by 5.4% during the second quarter. Moors & Cabot Inc. now owns 24,415 shares of the railroad operator’s stock worth $5,524,000 after purchasing an additional 1,253 shares during the period. Finally, Alpha Financial Partners LLC grew its position in shares of Union Pacific by 3.6% in the 2nd quarter. Alpha Financial Partners LLC now owns 1,453 shares of the railroad operator’s stock valued at $329,000 after purchasing an additional 50 shares during the period. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on UNP. Wells Fargo & Company cut their price target on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Bank of America cut their price objective on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Tuesday, September 24th. Susquehanna lowered their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Royal Bank of Canada reduced their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Robert W. Baird cut their price target on Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Stock Up 1.1 %

Union Pacific stock opened at $229.25 on Wednesday. The business has a fifty day moving average price of $234.49 and a 200-day moving average price of $238.87. 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 $138.98 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $6.14 billion. During the same period in the previous year, the business earned $2.51 earnings per share. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. Equities research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. 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.