Tealwood Asset Management Inc. Grows Stock Position in Union Pacific Co. (NYSE:UNP)

Tealwood Asset Management Inc. grew its stake in Union Pacific Co. (NYSE:UNP) by 50.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,619 shares of the railroad operator’s stock after purchasing an additional 4,893 shares during the period. Union Pacific comprises approximately 1.4% of Tealwood Asset Management Inc.’s investment portfolio, making the stock its 10th largest position. Tealwood Asset Management Inc.’s holdings in Union Pacific were worth $3,334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. State Street Corp raised its position in Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after purchasing an additional 217,780 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Union Pacific by 1.4% in the third quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator’s stock valued at $3,146,451,000 after buying an additional 182,620 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after buying an additional 106,996 shares during the period. Franklin Resources Inc. boosted its position 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 increased its position in Union Pacific by 2.3% in the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after acquiring an additional 143,896 shares during the period. 80.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on UNP shares. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. BMO Capital Markets reduced their price target on Union Pacific from $280.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, September 20th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Bank of America cut their price objective on Union Pacific from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Tuesday, September 24th. Finally, Wells Fargo & Company decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Nine 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $259.80.

Union Pacific Trading Up 0.6 %

Shares of Union Pacific stock opened at $226.60 on Tuesday. The stock has a market capitalization of $137.38 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The stock has a 50 day moving average price of $234.58 and a two-hundred day moving average price of $238.85. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.14 billion. During the same period in the previous year, the business posted $2.51 EPS. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts anticipate that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.37%. Union Pacific’s dividend payout ratio is presently 49.22%.

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.