RMR Wealth Builders lessened its stake in Union Pacific Co. (NYSE:UNP – Free Report) by 54.3% in the 4th quarter, HoldingsChannel reports. The institutional investor 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 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at $28,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific in the 3rd quarter valued at about $30,000. Fairscale Capital LLC acquired a new stake in Union Pacific in the 2nd quarter valued at about $31,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% during 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 during the period. Finally, Peterson Financial Group Inc. acquired a new position in Union Pacific during the third quarter worth approximately $32,000. 80.38% of the stock is owned by institutional investors.
Union Pacific Stock Up 0.7 %
NYSE UNP opened at $231.00 on Thursday. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The business has a fifty day moving average price of $234.49 and a two-hundred day moving average price of $238.87. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. The stock has a market capitalization of $140.05 billion, a PE ratio of 21.21, a PEG ratio of 2.02 and a beta of 1.06.
Union Pacific Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is 49.22%.
Analysts Set New Price Targets
UNP has been the subject of several research analyst reports. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Robert W. Baird reduced their price objective on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Bank of America decreased their price objective 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. Stifel Nicolaus cut their target price on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Wells Fargo & Company decreased 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. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $259.35.
View Our Latest Report on Union Pacific
Union Pacific Company 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.
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