Bennett Selby Investments LP Trims Holdings in Union Pacific Co. (NYSE:UNP)

Bennett Selby Investments LP lowered its stake in Union Pacific Co. (NYSE:UNP) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,690 shares of the railroad operator’s stock after selling 72 shares during the quarter. Union Pacific makes up 0.7% of Bennett Selby Investments LP’s investment portfolio, making the stock its 25th largest position. Bennett Selby Investments LP’s holdings in Union Pacific were worth $1,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the second quarter worth about $28,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after acquiring an additional 93 shares during the last quarter. Peterson Financial Group Inc. bought a new position in shares of Union Pacific during the 3rd quarter valued at $32,000. Finally, Dunhill Financial LLC lifted its stake in Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Stock Performance

Shares of NYSE UNP opened at $248.94 on Friday. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a 50 day moving average of $233.78 and a 200 day moving average of $239.22. The firm has a market capitalization of $150.92 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS 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 in the prior year, the company earned $2.71 EPS. On average, research analysts anticipate that Union Pacific Co. will post 10.96 earnings per share for the current year.

Union Pacific Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is 49.22%.

Wall Street Analysts Forecast Growth

UNP has been the subject of a number of recent research reports. Sanford C. Bernstein lowered their target price on Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Barclays increased their price objective on Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Wells Fargo & Company decreased their target price on Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Finally, TD Cowen boosted their price objective on shares of Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday. Nine research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $262.57.

Union Pacific Company 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.