Intact Investment Management Inc. Increases Position in Union Pacific Co. (NYSE:UNP)

Intact Investment Management Inc. grew its holdings in Union Pacific Co. (NYSE:UNP) by 20.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 35,850 shares of the railroad operator’s stock after acquiring an additional 6,150 shares during the quarter. Intact Investment Management Inc.’s holdings in Union Pacific were worth $8,805,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BluePath Capital Management LLC acquired a new position in shares of Union Pacific during the third quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $28,000. Stuart Chaussee & Associates Inc. acquired a new position in shares of Union Pacific during the fourth quarter worth about $36,000. Fortitude Family Office LLC acquired a new position in shares of Union Pacific during the fourth quarter worth about $44,000. Finally, Hexagon Capital Partners LLC grew its position in Union Pacific by 48.6% during the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after buying an additional 101 shares during the period. 80.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UNP. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price on the stock in a research report on Monday, January 22nd. Stifel Nicolaus upped their target price on shares of Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a research report on Friday, April 12th. Susquehanna upped their target price on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday. BMO Capital Markets upped their target price on shares of Union Pacific from $270.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Finally, Morgan Stanley upped their target price on shares of Union Pacific from $198.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday. 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. Based on data from MarketBeat, Union Pacific presently has an average rating of “Moderate Buy” and an average price target of $258.78.

Union Pacific Trading Down 0.3 %

Shares of UNP traded down $0.76 on Friday, hitting $242.79. 2,255,458 shares of the stock traded hands, compared to its average volume of 2,120,671. 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 firm has a market capitalization of $148.13 billion, a P/E ratio of 23.17, a P/E/G ratio of 2.63 and a beta of 1.07. The stock’s 50 day moving average is $244.27 and its two-hundred day moving average is $234.95. Union Pacific Co. has a 1 year low of $190.45 and a 1 year high of $258.66.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 25th. The railroad operator reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.19. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter last year, the firm posted $2.67 earnings per share. Union Pacific’s revenue was down .4% on a year-over-year basis. As a group, sell-side analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Wednesday, February 28th. Union Pacific’s payout ratio is 49.62%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the firm’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 completion of the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.28% of the company’s stock.

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.