Albion Financial Group UT Has $8.05 Million Stock Position in Union Pacific Co. (NYSE:UNP)

Albion Financial Group UT lowered its position in shares of Union Pacific Co. (NYSE:UNP) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,299 shares of the railroad operator’s stock after selling 430 shares during the quarter. Albion Financial Group UT’s holdings in Union Pacific were worth $8,050,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UNP. Thrivent Financial for Lutherans raised its position in Union Pacific by 13.6% during the second quarter. Thrivent Financial for Lutherans now owns 120,394 shares of the railroad operator’s stock valued at $27,240,000 after buying an additional 14,388 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its stake in Union Pacific by 179.9% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,427 shares of the railroad operator’s stock valued at $1,907,000 after acquiring an additional 5,416 shares in the last quarter. Sagefield Capital LP increased its holdings in shares of Union Pacific by 5.1% in the 2nd quarter. Sagefield Capital LP now owns 30,310 shares of the railroad operator’s stock valued at $6,858,000 after purchasing an additional 1,473 shares during the period. Marshall Wace LLP lifted its position in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Union Pacific by 18.5% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 250,193 shares of the railroad operator’s stock worth $56,609,000 after purchasing an additional 39,066 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the subject of a number of research analyst reports. Royal Bank of Canada cut their target price on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Wells Fargo & Company cut their price objective on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus lowered their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. JPMorgan Chase & Co. cut their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Sanford C. Bernstein dropped their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $259.35.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $236.73 on Wednesday. Union Pacific Co. has a 12 month low of $218.55 and a 12 month high of $258.66. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a market cap of $143.52 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.11 and a beta of 1.06. The business’s 50 day moving average is $233.63 and its two-hundred day moving average is $239.18.

Union Pacific (NYSE:UNP) last issued 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 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 the consensus estimate of $6.14 billion. During the same period last year, the company earned $2.51 earnings per share. Union Pacific’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, equities analysts expect that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.26%. Union Pacific’s dividend payout ratio (DPR) 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.