Harvest Fund Management Co. Ltd Acquires 171 Shares of Union Pacific Co. (NYSE:UNP)

Harvest Fund Management Co. Ltd lifted its stake in shares of Union Pacific Co. (NYSE:UNP) by 21.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 958 shares of the railroad operator’s stock after buying an additional 171 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Union Pacific were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of UNP. Valued Wealth Advisors LLC acquired a new position in shares of Union Pacific during the fourth quarter valued at about $28,000. BluePath Capital Management LLC acquired a new position in Union Pacific during the 3rd quarter worth approximately $25,000. Fortitude Family Office LLC bought a new position in Union Pacific in the fourth quarter worth approximately $44,000. Hexagon Capital Partners LLC grew its stake in Union Pacific by 48.6% in the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after acquiring an additional 101 shares during the period. Finally, Legacy Financial Group LLC acquired a new position in shares of Union Pacific during the third quarter worth approximately $83,000. Institutional investors own 80.38% of the company’s stock.

Insider Activity

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 value of $937,500.00. Following the sale, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Union Pacific from $231.00 to $248.00 and gave the stock a “hold” rating in a report on Friday, April 12th. StockNews.com downgraded Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. JPMorgan Chase & Co. increased their price objective on Union Pacific from $237.00 to $243.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 9th. Sanford C. Bernstein raised 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. Finally, Susquehanna raised their price objective on Union Pacific from $245.00 to $255.00 and gave the company a “neutral” rating in a research note on Thursday, March 28th. Seven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $255.00.

Union Pacific Price Performance

UNP opened at $241.49 on Thursday. The firm has a 50-day moving average price of $244.48 and a 200-day moving average price of $234.62. The company has a market capitalization of $147.33 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.55 and a beta of 1.07. Union Pacific Co. has a twelve month low of $190.37 and a twelve month high of $258.66. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 2.11.

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

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Wednesday, February 28th. Union Pacific’s payout ratio is 49.71%.

About Union Pacific

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.