Waters Parkerson & CO. LLC decreased its stake in Union Pacific Co. (NYSE:UNP – Get Rating) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,254 shares of the railroad operator’s stock after selling 158 shares during the period. Waters Parkerson & CO. LLC’s holdings in Union Pacific were worth $829,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in UNP. Tyler Stone Wealth Management boosted its position in shares of Union Pacific by 85.5% during the 2nd quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. Enterprise Trust & Investment Co bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $29,000. Legacy CG LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $32,000. Janiczek Wealth Management LLC boosted its position in shares of Union Pacific by 722.2% during the 2nd quarter. Janiczek Wealth Management LLC now owns 148 shares of the railroad operator’s stock valued at $34,000 after purchasing an additional 130 shares in the last quarter. Finally, Castle Wealth Management LLC bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 77.27% of the company’s stock.
Union Pacific Stock Performance
Shares of UNP traded down $4.70 on Wednesday, reaching $198.48. 833,788 shares of the company’s stock traded hands, compared to its average volume of 2,506,868. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 2.70. The stock has a market cap of $122.03 billion, a PE ratio of 17.71, a PEG ratio of 1.80 and a beta of 1.12. The stock’s 50 day simple moving average is $211.00 and its two-hundred day simple moving average is $212.97. Union Pacific Co. has a 52-week low of $183.70 and a 52-week high of $278.94.
Union Pacific Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 29th. Investors of record on Monday, December 19th were given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date was Friday, December 16th. Union Pacific’s payout ratio is 46.39%.
Analyst Ratings Changes
Several brokerages recently commented on UNP. Deutsche Bank Aktiengesellschaft upped their target price on Union Pacific from $216.00 to $238.00 in a research report on Monday, November 28th. Barclays increased their price target on Union Pacific from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, January 11th. Susquehanna increased their price target on Union Pacific from $215.00 to $218.00 in a report on Wednesday. Royal Bank of Canada cut their price target on Union Pacific from $200.00 to $191.00 in a report on Wednesday. Finally, Wells Fargo & Company cut their price target on Union Pacific from $205.00 to $200.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 4th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Hold” and an average target price of $219.48.
Union Pacific Profile
Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.
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