Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Has $62.25 Million Position in Union Pacific Co. (NYSE:UNP)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Union Pacific Co. (NYSE:UNP) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 255,186 shares of the railroad operator’s stock after purchasing an additional 418 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Union Pacific were worth $62,248,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC boosted its position in shares of Union Pacific by 2.1% during the third quarter. International Assets Investment Management LLC now owns 3,857 shares of the railroad operator’s stock worth $781,000 after purchasing an additional 78 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Union Pacific by 60.6% during the third quarter. Arkadios Wealth Advisors now owns 2,560 shares of the railroad operator’s stock worth $521,000 after purchasing an additional 966 shares in the last quarter. Summit Global Investments boosted its position in shares of Union Pacific by 17.2% during the third quarter. Summit Global Investments now owns 3,482 shares of the railroad operator’s stock worth $709,000 after purchasing an additional 512 shares in the last quarter. Naples Global Advisors LLC boosted its position in shares of Union Pacific by 13.8% during the third quarter. Naples Global Advisors LLC now owns 9,527 shares of the railroad operator’s stock worth $1,940,000 after purchasing an additional 1,152 shares in the last quarter. Finally, Douglas Lane & Associates LLC boosted its position in shares of Union Pacific by 6.7% during the third quarter. Douglas Lane & Associates LLC now owns 3,744 shares of the railroad operator’s stock worth $762,000 after purchasing an additional 234 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Performance

Union Pacific stock traded up $2.40 during trading hours on Monday, hitting $234.48. The company had a trading volume of 2,200,023 shares, compared to its average volume of 2,310,622. The firm has a market cap of $143.06 billion, a PE ratio of 22.42, a PEG ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. Union Pacific Co. has a one year low of $190.37 and a one year high of $258.66. The firm has a 50-day moving average of $245.03 and a 200 day moving average of $234.40.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.15. The firm had revenue of $6.16 billion for the quarter, compared to analysts’ expectations of $6.05 billion. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The business’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.67 EPS. On average, sell-side analysts expect that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Thursday, February 29th were issued a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $5.20 annualized dividend and a yield of 2.22%. Union Pacific’s dividend payout ratio is currently 49.71%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UNP. Benchmark lifted their price target on shares of Union Pacific from $260.00 to $266.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Royal Bank of Canada cut their price objective on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating on the stock in a research report on Friday, January 26th. BMO Capital Markets boosted their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Monday, March 18th. Finally, Stifel Nicolaus boosted their price objective on shares of Union Pacific from $231.00 to $248.00 and gave the company a “hold” rating in a research report on Friday, April 12th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $255.00.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the stock in a transaction that occurred 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 transaction, the president now owns 56,682 shares in the company, valued at approximately $14,170,500. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.26% of the company’s stock.

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.