Bronfman E.L. Rothschild L.P. Purchases 1,455 Shares of Union Pacific Co. (UNP)
Bronfman E.L. Rothschild L.P. increased its position in shares of Union Pacific Co. (NYSE:UNP) by 10.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,888 shares of the railroad operator’s stock after purchasing an additional 1,455 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Union Pacific were worth $2,131,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in UNP. Acropolis Investment Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $107,000. Acrospire Investment Management LLC grew its position in Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after buying an additional 300 shares in the last quarter. Exane Derivatives grew its position in Union Pacific by 55,600.0% during the fourth quarter. Exane Derivatives now owns 1,114 shares of the railroad operator’s stock worth $149,000 after buying an additional 1,112 shares in the last quarter. Jacobi Capital Management LLC grew its position in Union Pacific by 6.6% during the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after buying an additional 105 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Union Pacific during the fourth quarter worth about $200,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.
Union Pacific Co. (NYSE UNP) opened at $136.83 on Wednesday. Union Pacific Co. has a one year low of $101.06 and a one year high of $143.05. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.65. The stock has a market cap of $106,630.00, a P/E ratio of 22.58, a PEG ratio of 1.72 and a beta of 0.83.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 2.13%. This is a boost from Union Pacific’s previous quarterly dividend of $0.67. Union Pacific’s payout ratio is 48.18%.
A number of research firms recently weighed in on UNP. Zacks Investment Research raised Union Pacific from a “hold” rating to a “buy” rating and set a $157.00 target price on the stock in a research report on Monday, January 15th. Scotiabank set a $150.00 target price on Union Pacific and gave the stock a “hold” rating in a research report on Thursday, January 11th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a research report on Thursday, January 11th. BMO Capital Markets restated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research note on Monday, January 8th. Finally, UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. Union Pacific presently has a consensus rating of “Hold” and a consensus price target of $132.37.
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Union Pacific Company 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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