Charter Oak Capital Management LLC Cuts Holdings in Union Pacific Co. (NYSE:UNP)

Charter Oak Capital Management LLC lessened its position in shares of Union Pacific Co. (NYSE:UNP) by 14.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 914 shares of the railroad operator’s stock after selling 158 shares during the period. Charter Oak Capital Management LLC’s holdings in Union Pacific were worth $209,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the 2nd quarter worth about $28,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. grew its stake in Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after buying an additional 93 shares during the period. Peterson Financial Group Inc. acquired a new stake in shares of Union Pacific in the third quarter worth $32,000. Finally, Dunhill Financial LLC lifted its holdings in shares of Union Pacific by 111.5% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 68 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Stock Performance

UNP stock opened at $254.19 on Tuesday. The stock’s 50 day simple moving average is $234.05 and its 200 day simple moving average is $239.63. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market cap of $154.10 billion, a P/E ratio of 23.34, a P/E/G ratio of 2.12 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the prior year, the company posted $2.71 EPS. As a group, equities research analysts predict that Union Pacific Co. will post 10.96 EPS for the current year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on UNP shares. Royal Bank of Canada lowered their price target on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Robert W. Baird boosted their price target on Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday. Sanford C. Bernstein dropped their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Wells Fargo & Company decreased their target price on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus lifted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. Eight investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and an average target price of $263.30.

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.