Nabity Jensen Investment Management Inc Buys 324 Shares of Union Pacific Co. (NYSE:UNP)

Nabity Jensen Investment Management Inc grew its stake in shares of Union Pacific Co. (NYSE:UNP) by 12.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,919 shares of the railroad operator’s stock after buying an additional 324 shares during the period. Nabity Jensen Investment Management Inc’s holdings in Union Pacific were worth $666,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. State Street Corp raised its stake in Union Pacific by 0.9% during the 3rd 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 position 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 valued at $3,146,451,000 after purchasing an additional 182,620 shares during the period. Ameriprise Financial Inc. increased its stake in Union Pacific by 1.3% during the 2nd 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 in the last quarter. Franklin Resources Inc. raised its holdings in Union Pacific by 9.3% during the 3rd 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 during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of Union Pacific by 2.3% in the third 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 Upgrades and Downgrades

A number of brokerages recently issued reports on UNP. Royal Bank of Canada dropped their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Bank of America reduced their target price on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Stifel Nicolaus lowered their price target on shares of Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. StockNews.com downgraded shares of Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Finally, Susquehanna lowered their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock 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 given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $259.80.

Union Pacific Trading Up 1.1 %

Shares of Union Pacific stock opened at $229.25 on Wednesday. Union Pacific Co. has a 1 year low of $218.55 and a 1 year high of $258.66. The company has a market capitalization of $138.98 billion, a price-to-earnings ratio of 21.05, a P/E/G ratio of 2.33 and a beta of 1.06. The business has a fifty day simple moving average of $234.49 and a two-hundred day simple moving average of $238.87. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter in the prior year, the business posted $2.51 EPS. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. Research analysts forecast that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s payout ratio is 49.22%.

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.