Matrix Asset Advisors Inc. NY Has $15.67 Million Stock Holdings in Union Pacific Co. (NYSE:UNP)

Matrix Asset Advisors Inc. NY increased its stake in Union Pacific Co. (NYSE:UNP) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,721 shares of the railroad operator’s stock after acquiring an additional 821 shares during the quarter. Union Pacific comprises 1.7% of Matrix Asset Advisors Inc. NY’s holdings, making the stock its 26th largest holding. Matrix Asset Advisors Inc. NY’s holdings in Union Pacific were worth $15,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in UNP. World Investment Advisors LLC boosted its position in Union Pacific by 103.1% during the third quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after acquiring an additional 18,060 shares during the last quarter. Peoples Bank KS bought a new stake in shares of Union Pacific during the 3rd quarter valued at about $834,000. Wealth Enhancement Advisory Services LLC grew its stake in Union Pacific by 2.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock worth $44,348,000 after purchasing an additional 4,939 shares during the period. Maj Invest Holding A S lifted its stake in Union Pacific by 0.3% in the third quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after buying an additional 2,202 shares during the period. Finally, Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Union Pacific by 24.2% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 277,267 shares of the railroad operator’s stock worth $63,185,000 after buying an additional 53,946 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Susquehanna reduced their price target on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. TD Cowen boosted their target price on Union Pacific from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Friday. Citigroup increased their price target on Union Pacific from $254.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Stifel Nicolaus lifted their price target on shares of Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a research report on Friday. Eight equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and an average target price of $263.30.

Union Pacific Stock Performance

Shares of UNP opened at $254.19 on Tuesday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a market capitalization of $154.10 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. Union Pacific Co. has a 52-week low of $218.55 and a 52-week high of $258.66. The stock’s 50-day simple moving average is $234.05 and its 200 day simple moving average is $239.63.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the company earned $2.71 earnings per share. Research analysts forecast that Union Pacific Co. will post 10.96 EPS for the current fiscal year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were given a $1.34 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.11%. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

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.