DB Fitzpatrick & Co Inc Has $1.78 Million Position in Union Pacific Co. (NYSE:UNP)

DB Fitzpatrick & Co Inc lessened its stake in Union Pacific Co. (NYSE:UNP) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,799 shares of the railroad operator’s stock after selling 234 shares during the period. Union Pacific comprises 1.6% of DB Fitzpatrick & Co Inc’s portfolio, making the stock its 13th biggest holding. DB Fitzpatrick & Co Inc’s holdings in Union Pacific were worth $1,778,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the 2nd quarter valued at $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter valued at about $30,000. Fairscale Capital LLC bought a new stake in Union Pacific in the second quarter valued at about $31,000. Jamison Private Wealth Management Inc. raised its position in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares in the last quarter. Finally, Peterson Financial Group Inc. bought a new position in Union Pacific during the third quarter worth about $32,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on UNP shares. Stifel Nicolaus dropped their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a report on Thursday. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Robert W. Baird reduced their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets dropped their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Finally, Royal Bank of Canada reduced their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Nine research 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.

Union Pacific Stock Performance

Shares of NYSE:UNP opened at $233.99 on Friday. The stock has a market capitalization of $141.86 billion, a P/E ratio of 21.49, a P/E/G 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. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The business has a 50-day moving average price of $233.98 and a two-hundred day moving average price of $238.79.

Union Pacific (NYSE:UNP) last posted 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 return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the firm earned $2.51 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Equities analysts predict that Union Pacific Co. will post 10.95 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date was Monday, December 9th. This represents a $5.36 annualized dividend and a dividend yield of 2.29%. Union Pacific’s dividend payout ratio is currently 49.22%.

Union Pacific Profile

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.