Cullinan Associates Inc. Acquires 3,640 Shares of Union Pacific Co. (UNP)

Cullinan Associates Inc. increased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 8.7% during the 4th quarter, HoldingsChannel reports. The fund owned 45,250 shares of the railroad operator’s stock after acquiring an additional 3,640 shares during the period. Cullinan Associates Inc.’s holdings in Union Pacific were worth $6,068,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of UNP. Acropolis Investment Management LLC acquired a new position in Union Pacific in the fourth quarter valued at about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Union Pacific by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after buying an additional 340 shares in the last quarter. Acrospire Investment Management LLC boosted its position in Union Pacific by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after buying an additional 300 shares in the last quarter. Community Bank N.A. boosted its position in Union Pacific by 3.0% in the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after buying an additional 45 shares in the last quarter. Finally, Jacobi Capital Management LLC boosted its position in Union Pacific by 6.6% in the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock valued at $185,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 78.62% of the company’s stock.

Union Pacific Co. (NYSE UNP) opened at $127.28 on Monday. Union Pacific Co. has a 12-month low of $101.06 and a 12-month high of $143.05. The stock has a market cap of $100,190.00, a P/E ratio of 9.43, a PEG ratio of 1.59 and a beta of 0.84. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 and a current ratio of 1.03.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, January 25th. The railroad operator reported $1.53 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.54 by ($0.01). Union Pacific had a return on equity of 22.26% and a net margin of 50.43%. The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the company posted $1.39 earnings per share. Union Pacific’s revenue for the quarter was up 5.5% on a year-over-year basis. research analysts anticipate that Union Pacific Co. will post 7.52 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.29%. This is an increase from Union Pacific’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, February 27th. Union Pacific’s payout ratio is 19.70%.

A number of equities analysts have commented on the stock. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Zacks Investment Research upgraded shares of Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Wednesday, November 1st. ValuEngine lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. BMO Capital Markets boosted their price target on shares of Union Pacific from $123.00 to $127.00 and gave the company an “outperform” rating in a research report on Friday, October 27th. Finally, Scotiabank restated a “hold” rating and issued a $148.00 price target on shares of Union Pacific in a research report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $130.40.

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Union Pacific Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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