Union Pacific Co. (NYSE:UNP) Shares Sold by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC trimmed its holdings in Union Pacific Co. (NYSE:UNP) by 0.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,609 shares of the railroad operator’s stock after selling 87 shares during the quarter. Union Pacific comprises 1.1% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 29th largest holding. Matthew Goff Investment Advisor LLC’s holdings in Union Pacific were worth $6,068,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. MFA Wealth Services acquired a new position in shares of Union Pacific in the fourth quarter valued at approximately $1,144,000. Wells Trecaso Financial Group LLC increased its stake in Union Pacific by 0.5% in the 4th quarter. Wells Trecaso Financial Group LLC now owns 23,903 shares of the railroad operator’s stock valued at $5,451,000 after buying an additional 121 shares during the period. Cornerstone Wealth Management LLC raised its position in Union Pacific by 75.0% during the 4th quarter. Cornerstone Wealth Management LLC now owns 5,356 shares of the railroad operator’s stock worth $1,221,000 after buying an additional 2,296 shares during the last quarter. Donoghue Forlines LLC lifted its stake in shares of Union Pacific by 38.8% in the 4th quarter. Donoghue Forlines LLC now owns 6,714 shares of the railroad operator’s stock worth $1,531,000 after acquiring an additional 1,876 shares during the period. Finally, Galvin Gaustad & Stein LLC boosted its holdings in shares of Union Pacific by 2.8% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 78,024 shares of the railroad operator’s stock valued at $17,793,000 after acquiring an additional 2,089 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Susquehanna reduced their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. TD Cowen boosted their target price on shares of Union Pacific from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Friday. Citigroup increased their price target on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Royal Bank of Canada decreased their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Wells Fargo & Company dropped their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and an average price target of $259.90.

Union Pacific Stock Performance

Shares of UNP stock opened at $247.83 on Friday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $150.25 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The company has a 50 day moving average price of $233.54 and a 200 day moving average price of $239.16.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same period last year, the company posted $2.71 EPS. Sell-side analysts anticipate that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Dividend Announcement

The business 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 2.16%. The ex-dividend date 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.