Sage Capital Advisors llc Buys 69 Shares of Union Pacific Co. (NYSE:UNP)

Sage Capital Advisors llc raised its stake in Union Pacific Co. (NYSE:UNP) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,195 shares of the railroad operator’s stock after purchasing an additional 69 shares during the period. Sage Capital Advisors llc’s holdings in Union Pacific were worth $3,693,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. State Street Corp increased its stake in Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after acquiring an additional 217,780 shares during the period. Geode Capital Management LLC increased its position in shares of Union Pacific by 1.4% during the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after purchasing an additional 182,620 shares during the period. Ameriprise Financial Inc. lifted its position in Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock worth $1,880,701,000 after purchasing an additional 106,996 shares during the period. Franklin Resources Inc. boosted its stake in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after buying an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after buying an additional 143,896 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on UNP. JPMorgan Chase & Co. decreased their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Citigroup upped their price objective on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a research note on Tuesday, November 12th. BMO Capital Markets cut their target price on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Bank of America decreased their price target on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Finally, Evercore ISI cut Union Pacific from an “outperform” rating to an “inline” rating and cut their price objective for the company from $254.00 to $247.00 in a report on Wednesday, September 25th. Nine investment 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 company’s stock. According to data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $259.80.

Union Pacific Trading Down 2.0 %

Shares of UNP traded down $4.53 on Friday, reaching $227.29. 965,270 shares of the company’s stock were exchanged, compared to its average volume of 2,283,012. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The stock has a market capitalization of $137.80 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 2.33 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. The business has a 50 day moving average price of $234.80 and a two-hundred day moving average price of $238.63.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter in the prior year, the business earned $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. Research analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.36%. Union Pacific’s dividend payout ratio is 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.