Marco Investment Management LLC Lowers Holdings in Union Pacific Co. (NYSE:UNP)

Marco Investment Management LLC decreased its holdings in Union Pacific Co. (NYSE:UNP) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,529 shares of the railroad operator’s stock after selling 2,185 shares during the quarter. Union Pacific accounts for about 1.4% of Marco Investment Management LLC’s holdings, making the stock its 24th biggest holding. Marco Investment Management LLC’s holdings in Union Pacific were worth $13,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Silver Oak Securities Incorporated purchased a new position in Union Pacific in the fourth quarter worth approximately $238,000. Magnus Financial Group LLC lifted its stake in Union Pacific by 3.4% in the fourth quarter. Magnus Financial Group LLC now owns 4,949 shares of the railroad operator’s stock worth $1,216,000 after acquiring an additional 165 shares during the last quarter. HHM Wealth Advisors LLC lifted its stake in Union Pacific by 5.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 2,399 shares of the railroad operator’s stock worth $589,000 after acquiring an additional 120 shares during the last quarter. Little House Capital LLC lifted its stake in Union Pacific by 22.3% in the fourth quarter. Little House Capital LLC now owns 7,843 shares of the railroad operator’s stock worth $1,926,000 after acquiring an additional 1,432 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC lifted its stake in Union Pacific by 7.8% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 3,837 shares of the railroad operator’s stock worth $942,000 after acquiring an additional 276 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Benchmark raised their price objective on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Susquehanna raised their price objective on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday. Morgan Stanley raised their price objective on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Jefferies Financial Group assumed coverage on shares of Union Pacific in a report on Monday, April 8th. They set a “hold” rating and a $250.00 price objective on the stock. Seven 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’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $258.78.

Insiders Place Their Bets

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.28% of the company’s stock.

Union Pacific Stock Performance

NYSE:UNP traded down $0.76 during midday trading on Friday, reaching $242.79. The stock had a trading volume of 2,255,458 shares, compared to its average volume of 2,120,671. The firm has a fifty day simple moving average of $244.27 and a two-hundred day simple moving average of $235.33. Union Pacific Co. has a 12-month low of $190.45 and a 12-month high of $258.66. The company has a quick ratio of 0.67, a current ratio of 0.93 and a debt-to-equity ratio of 1.99. The stock has a market cap of $148.13 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.62 and a beta of 1.07.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. Union Pacific’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm posted $2.67 EPS. On average, equities analysts expect that Union Pacific Co. will post 11.08 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a dividend yield of 2.14%. Union Pacific’s payout ratio is currently 49.62%.

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.