Union Pacific Co. (NYSE:UNP) Shares Bought by InterOcean Capital Group LLC

InterOcean Capital Group LLC grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,004 shares of the railroad operator’s stock after acquiring an additional 106 shares during the quarter. InterOcean Capital Group LLC’s holdings in Union Pacific were worth $1,229,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of UNP. WealthPlan Investment Management LLC increased its stake in shares of Union Pacific by 1,788.3% during the 3rd quarter. WealthPlan Investment Management LLC now owns 15,635 shares of the railroad operator’s stock valued at $3,184,000 after acquiring an additional 14,807 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Union Pacific by 9.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,247 shares of the railroad operator’s stock worth $458,000 after purchasing an additional 200 shares in the last quarter. Syon Capital LLC acquired a new stake in Union Pacific during the 3rd quarter worth approximately $552,000. Regent Peak Wealth Advisors LLC increased its position in Union Pacific by 0.5% during the 3rd quarter. Regent Peak Wealth Advisors LLC now owns 11,842 shares of the railroad operator’s stock worth $2,411,000 after purchasing an additional 62 shares in the last quarter. Finally, NBC Securities Inc. acquired a new stake in Union Pacific during the 3rd quarter worth approximately $6,342,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their target price on shares of Union Pacific from $248.00 to $274.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. TD Cowen upped their price target on Union Pacific from $252.00 to $258.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Susquehanna upped their price target on Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday, April 26th. Morgan Stanley increased their target price on Union Pacific from $198.00 to $210.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Finally, Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Six investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus price target of $259.61.

Union Pacific Trading Down 0.6 %

Shares of NYSE:UNP traded down $1.52 during midday trading on Thursday, reaching $233.19. The company had a trading volume of 489,232 shares, compared to its average volume of 2,218,940. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.93. Union Pacific Co. has a 1-year low of $190.71 and a 1-year high of $258.66. The firm has a market cap of $142.27 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 1.91 and a beta of 1.06. The company has a fifty day simple moving average of $240.72 and a two-hundred day simple moving average of $239.43.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a return on equity of 44.34% and a net margin of 26.52%. The business had revenue of $6.03 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter last year, the company posted $2.67 EPS. Union Pacific’s revenue for the quarter was down .4% on a year-over-year basis. Research analysts predict that Union Pacific Co. will post 11.25 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 31st will be given a $1.30 dividend. The ex-dividend date is Friday, May 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.23%. Union Pacific’s dividend payout ratio (DPR) is 49.62%.

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.