E&G Advisors LP Raises Holdings in Union Pacific Co. (UNP)

E&G Advisors LP raised its position in shares of Union Pacific Co. (NYSE:UNP) by 34.8% in the fourth quarter, HoldingsChannel reports. The firm owned 3,100 shares of the railroad operator’s stock after buying an additional 800 shares during the period. E&G Advisors LP’s holdings in Union Pacific were worth $416,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gainplan LLC boosted its stake in shares of Union Pacific by 0.6% during the 2nd quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock worth $243,000 after acquiring an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV boosted its stake in shares of Union Pacific by 0.5% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock worth $363,000 after acquiring an additional 17 shares in the last quarter. Highland Private Wealth Management boosted its stake in shares of Union Pacific by 0.9% during the 2nd quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock worth $217,000 after acquiring an additional 18 shares in the last quarter. BigSur Wealth Management LLC boosted its stake in shares of Union Pacific by 0.7% during the 2nd quarter. BigSur Wealth Management LLC now owns 4,680 shares of the railroad operator’s stock worth $480,000 after acquiring an additional 31 shares in the last quarter. Finally, Community Bank N.A. boosted its stake in shares of Union Pacific by 3.0% during the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after acquiring an additional 45 shares in the last quarter. 78.62% of the stock is owned by hedge funds and other institutional investors.

Shares of Union Pacific Co. (NYSE UNP) opened at $127.28 on Friday. The company has a market capitalization of $100,190.00, a price-to-earnings ratio of 9.42, a PEG ratio of 1.61 and a beta of 0.84. The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 0.65. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $143.05.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.54 by ($0.01). The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.44 billion. Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business earned $1.39 EPS. research analysts expect that Union Pacific Co. will post 7.52 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 2.29%. This is a positive change from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, February 27th. Union Pacific’s dividend payout ratio (DPR) is currently 19.69%.

Several research firms have recently weighed in on UNP. Argus raised their price objective on Union Pacific from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Morgan Stanley raised their price objective on Union Pacific from $105.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Friday, January 26th. Robert W. Baird reissued a “hold” rating on shares of Union Pacific in a research note on Friday, January 26th. Seaport Global Securities lowered Union Pacific from a “buy” rating to a “neutral” rating in a research note on Friday, January 26th. They noted that the move was a valuation call. Finally, Scotiabank reissued a “hold” rating and set a $148.00 price objective on shares of Union Pacific in a research note on Thursday, January 25th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $130.40.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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