Tilia Fiduciary Partners Inc. cut its stake in shares of Union Pacific Co. (NYSE:UNP – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,991 shares of the railroad operator’s stock after selling 164 shares during the quarter. Union Pacific comprises about 1.6% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 23rd largest position. Tilia Fiduciary Partners Inc.’s holdings in Union Pacific were worth $2,278,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also made changes to their positions in UNP. State Street Corp grew its position 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 worth $6,109,829,000 after buying an additional 217,780 shares during the period. Geode Capital Management LLC grew its holdings in shares of Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock worth $3,146,451,000 after acquiring an additional 182,620 shares during the period. Ameriprise Financial Inc. increased its stake in Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after purchasing an additional 106,996 shares in the last quarter. Franklin Resources Inc. raised its holdings 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 purchasing an additional 625,492 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its position in Union Pacific by 2.3% during the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock worth $1,549,271,000 after purchasing an additional 143,896 shares in the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.
Union Pacific Trading Down 2.9 %
Shares of UNP stock traded down $6.71 on Friday, reaching $225.11. 2,702,103 shares of the stock were exchanged, compared to its average volume of 2,427,500. Union Pacific Co. has a 1-year low of $218.55 and a 1-year high of $258.66. The stock has a market cap of $136.47 billion, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. 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 firm has a 50 day moving average of $234.80 and a two-hundred day moving average of $238.63.
Union Pacific Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 annualized dividend and a yield of 2.38%. Union Pacific’s dividend payout ratio is currently 49.22%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on UNP shares. Stifel Nicolaus cut their price target on Union Pacific from $265.00 to $262.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Barclays upped their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Sanford C. Bernstein reduced their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.80.
About Union Pacific
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.
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